5.23 Morning

Thoughts and Predictions:
Bitcoin continued its bearish trend last night, with the price dropping from around 77,070 to approximately 75,184. After releasing nearly 1,900 points of downward space, short-term low-level oscillation and correction structures began to appear. Although the overall market remains relatively weak, the momentum of the decline has weakened after consecutive drops. The 74,500-75,000 zone is gradually entering the previous dense trading support zone. If subsequent volume fails to break below this area, a technical rebound and correction may occur in the short term. Regarding market sentiment, after panic selling and leveraged long positions were released overnight, market mood has cooled, and active selling pressure has significantly weakened. From a technical perspective, the MACD bearish momentum is beginning to shrink, the KDJ indicator is flattening at low levels, and the RSI has entered oversold territory, indicating a short-term rebound demand. Ethereum has also fallen back in tandem, stabilizing after touching around 2051, with support below 2080 gradually strengthening. If Bitcoin stops falling, Ethereum may have the opportunity to lead a rebound and correction. Overall, this morning’s strategy is to buy on dips at low levels, focusing on the strength of the rebound after support zones stabilize.

Trading Suggestions:
Bitcoin: Buy near 74,500-75,000 on dips, target 76,300, 77,000.
Ethereum: Buy near 2020-2040, target 2100, 2130. #沃什宣誓就任美联储主席 $BTC $ETH