5.21 Evening Market Outlook

$BTC In the afternoon, Bitcoin retraced and stabilized at 77,500, then followed the trend to surge directly to 78,000, capturing a 500-point gain. After exiting, it turned short, and the market came under pressure, falling back to 77,600, then closing with a 400-point gain. Market fluctuations are normal, and there's no need to be disturbed by short-term volatility. Stick to your trading logic, make decisive moves at key levels, and follow the trend—this approach is far better than blindly following the crowd. Focus on the market trend, precisely grasp each wave of movement, and steadily capture profit from market swings. Over time, this will naturally lead to abundant gains.

The four-hour chart of Bitcoin is generally in a sideways upward channel. Currently, the price has fallen back near the critical support zone during this rally. The bulls' support remains stable, and the short-term rebound structure has not been broken. There is still clear upward space above, and as long as the support zone holds effectively, there is potential for further testing higher levels. Although there are data releases tonight, optimistic news about the US-Iran agreement is likely, and the two recent bottoming and rebound movements have basically confirmed the key support below. If it falls again, it can still be long, but be cautious with stop-loss tightening; a break below could accelerate the decline to 76,000. If it moves higher directly, the first level to break is 78,200. Breaking 78,200 could accelerate the push toward 78,500-79,000. For tonight, avoid short positions for now and focus on the resistance at 78,200. #TradFi交易分享挑战

Thursday night Bitcoin trading suggestions:
Buy near 76,800-77,100, target up to 78,500;
Altcoin (second coin) buy near 2,110-2,000, target up to 2,150.