5.22 Morning


Thoughts and Predictions:
Bitcoin quickly surged from around 76,850 in the early hours, reaching a high of about 78,063, then faced resistance at high levels and pulled back. Currently, the price has returned to around 77,300 and is consolidating, indicating that selling pressure above 78,000 still exists, but support around 77,000 has not been completely broken. Overall, it looks more like a rebound after a rally followed by a correction.
In the short-term structure, after the high point, Bitcoin did not form a one-sided breakdown. If it stabilizes after a pullback to the 76,300-76,800 range, there is still a chance to gather buying interest and rebound toward 78,500 or even 79,500.
In terms of volume, during the early surge, funds were active; after the pullback, selling pressure eased, and volume contracted, indicating the market is not weakening completely but entering a phase of long-short rotation.
From a technical perspective, MACD momentum is slowing in the short term, KDJ has pulled back and needs to recover, RSI is in a neutral to weak zone, waiting for signs of stabilization at low levels.
Regarding the "mistress" (a slang term for altcoins or secondary tokens), the resistance at around 2,152 has caused a pullback. Currently, it is consolidating around 2,129, with support at 2,090-2,110 being key in the short term.
Overall, today's strategy is mainly to buy on dips, waiting for support confirmation before a rebound opportunity.

Trading Suggestions:
Bitcoin: Buy on dips around 76,300-76,800, target 78,500, 79,500.
Altcoins: Buy on dips around 2,090-2,110, target 2,160, 2,190. #特朗普称美伊正敲定协议细节 $BTC $ETH
BTC1.51%
ETH2.61%
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