5.23 Evening

Thoughts and Predictions:
Bitcoin's white session today continued its weak oscillation pattern, with an early high near 77,255, then continued to face pressure and decline, with the lowest point in the afternoon reaching around 74,203. Although there was a rebound in the evening, it is still consolidating around 75,500. The area of 76,500-77,000 above is a previous resistance zone after a breakdown. If the rebound cannot stabilize again, the bears still have room for a second downward move.
From a capital perspective, during the sharp decline in the afternoon, trading volume significantly increased, indicating that leveraged long positions were concentrated in liquidation. The evening rebound is more of an oversold correction and has not formed a strong reversal.
Technically, MACD remains weak, KDJ is recovering from low levels but with limited strength, RSI has rebounded from oversold territory into a weak oscillation zone, and the overall trend remains bearish.
On the news front, the crypto market continues to be affected by macro pressures, regulatory uncertainties, and weakness in crypto-related stocks, leading to a cautious market risk appetite.
The "Auntie" token is moving in sync with Bitcoin, with a low near 2007 before rebounding. It is currently consolidating around 2059, with clear resistance at 2100-2120.
Overall, tonight’s strategy is to sell high on rebounds around 76,500-77,000.

Trading Suggestions:
Bitcoin: Short around 76,500-77,000 on the rebound, target 74,500, 74,000.
Auntie: Short around 2,100-2,120 on the rebound, target 2,030, 2,050. #沃什宣誓就任美联储主席 $BTC $ETH