5.22 Evening


Thoughts and Predictions:
Bitcoin overall shows a weak downward trend after a surge and pullback today, with the price reaching a high of around 78,063 before facing continuous resistance, and briefly dropping to around 76,528 in the evening, indicating heavy selling pressure above and that the bullish rebound lacks sustainability. Currently, the price is weakly fluctuating around 76,700, and the 77,000-77,500 zone has shifted from previous support to short-term resistance. If the rebound cannot stabilize above this area, there is still a possibility of testing 75,500 and 75,000 levels later.
In terms of volume, during the evening decline, trading volume increased, suggesting that the bears are becoming more active, and there are signs of concentrated stop-losses among high-leverage long positions.
From a technical perspective, MACD is slightly weak in the short term, KDJ has lost momentum after reaching low levels, and RSI is in a weak zone, indicating the overall structure remains bearish.
The "mistress" (altcoin) is moving in tandem with Bitcoin's weakness, facing resistance near 2,152 before pulling back, currently consolidating around 2,118, with clear resistance at 2,140-2,160.
Overall, the evening strategy is to mainly look for short opportunities on rebounds near resistance levels, focusing on secondary pullbacks after encountering resistance.

Trading Suggestions:
Bitcoin: Short near 77,000-77,500 on rebounds, target 75,500, 75,000.
Altcoin: Short near 2,140-2,160 on rebounds, target 2,080, 2,060. #沃什宣誓就任美联储主席 $BTC $ETH
BTC0.46%
ETH0.93%
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