5.21 Evening

Thoughts and Predictions:
Bitcoin's spot market surged to around 78,180 today before facing resistance and pulling back, with the lowest retracement around 76,696 in the evening. Overall, it shows a weak oscillation structure after a surge and pullback. Although the current price has slightly rebounded, the 77,100-77,300 area remains a short-term battleground. The resistance above at 77,800-78,100 is quite heavy. If the rebound lacks sufficient volume, bears may continue to test lower levels.
In terms of trading volume, the decline in the evening significantly increased, indicating selling pressure at high levels and stop-losses from long positions being released. There are signs of concentrated liquidation of leveraged positions.
From a technical perspective, short-term moving averages are pressing down, MACD is showing weak momentum, KDJ is slightly recovering from low levels but with limited rebound strength, RSI is in a weak zone, and overall sentiment remains bearish.
The altcoin (referred to as "mistress") is following Bitcoin's decline, facing resistance near 2,157 and finding brief support around 2,103. Currently, it is rebounding around 2,130, but the strong resistance zone remains at 2,150-2,170.
Overall, tonight's strategy is to short on rebounds near resistance levels, watching for a second decline after encountering resistance.

Trading Suggestions:
Bitcoin: Short near 77,100-78,600 on rebounds, target 76,000, 75,000.
Altcoin: Short near 2,150-2,170 on rebounds, target 2,100, 2,070. #30年期美债收益率突破5% $BTC $ETH