Friday Recap and 5.23 Strategy Sharing

$BTC Market Review: Early morning, the market surged strongly, reaching the intraday high of 78,063, then the upward momentum slowed, and the market entered a high-range consolidation. In the afternoon, the market’s center of gravity continued to decline, and prices gradually fell, with the lowest point reaching 76,528 in the evening. Layout summary: early morning, went long around 77,000, targeting 78,000, successfully reaching the goal, capturing a 1,000-point move. Followed with a long at 77,300 in the morning, but due to insufficient bullish strength, exited early at 77,800, then reversed to short targeting 77,000, and exited promptly at 77,400 after a decline, gaining another 900 points. The market fluctuates up and down; there's no need to worry about every rise and fall. Stay calm, judge rationally, keep your pace steady, as the market never disappoints those who are patient and persistent. $ETH

Currently, the market faces multiple uncertainties: macroeconomic data shows structural divergence, the Federal Reserve’s new chair’s policy stance remains unclear, and the US-Iran negotiations are fluctuating. These three key variables are all in a fuzzy signal stage, making it difficult for the market to form a unified directional consensus, which is an important reason for the ongoing volatility. On the 4-hour chart, after a surge and pressure, a retracement occurred, but overall, the price remains in a range-bound structure. Key support levels have not been effectively broken, and the bottom range provides strong support, indicating the overall structure is intact. On the 1-hour chart, after a dip to a low, prices quickly recovered, with short-term selling pressure fully released. The candlestick pattern shows signs of stabilization and a halt in decline, with short-term rebound demand building up. Overall, downside space is limited, and the market has a foundation for a rebound and recovery. The subsequent trend is expected to return to an upward rhythm, maintaining a low-position bullish outlook. However, until Wosh’s statement is implemented and the US-Iran negotiations’ results are clear, it is advisable not to hold overly heavy positions. Wait for key news to settle before adjusting positions further. #特朗普称美伊正敲定协议细节

Saturday early morning Bitcoin trading suggestion: buy near 76,600-76,100, target up to 78,000
Altcoin trading suggestion: buy near 2,110-2,100, target up to 2,150