May 22nd, Bitcoin and Altcoins Overall Strategy + Trading Suggestions

(Current price: Bitcoin 77,500, Altcoin 2,140)
The overall market sentiment remains weak, with the daily chart still under pressure. In the short term, it’s a rebound without chasing highs, with a high-level sideways and volatile structure. Bitcoin faces dense resistance above, with limited rebound strength and no strong breakout signals; Altcoins move in full sync with Bitcoin, showing no independent trend, mainly trading within a range under pressure and pulling back. The overall approach is to expect a pullback from high levels and to support short-term rebounds at low levels, avoiding chasing rallies, and focusing on steady profits within the range.

Unified Trading Recommendations

During rebounds, if facing resistance, look for short positions directly. Bitcoin 77,800–78,500, Altcoin 2,155–2,180. Enter positions with small stops to aim for pullback profits. Bitcoin target 77,000–76,500, with a break below targeting 75,000; Altcoin target 2,110–2,090.
If key support levels are not broken during pullbacks, consider light long positions. Bitcoin 76,300–76,700, Altcoin 2,100–2,120. Rebound with small stops below, aiming to take profit at resistance levels above.
Today’s core rhythm: mainly shorting on resistance, supporting short-term longs at support; do not take trend positions unless key ranges are broken.