5.24 Morning

Thoughts and Predictions:
Bitcoin oscillated upward from around 75,333 in the early morning, then quickly surged with increased volume, reaching a high of approximately 77,427, indicating that low-position funds are significantly increasing their positions, and short-term bullish sentiment is somewhat restored. Currently, the price is oscillating near a high of around 76,700. Although there is some selling pressure in the 77,500-77,800 area above, the overall structure has shifted from previous weakness to a rebound and recovery. If subsequent pullbacks do not break below the support zone of 75,500-76,000, bulls still have a chance to regroup and continue testing around 77,700 and 78,500.
In terms of trading volume, during the early morning surge, volume significantly increased, indicating active buying entering the market, but the momentum of chasing gains at high levels is moderate. In the short term, a pullback to confirm support is needed.
Technically, after the MACD short-term shift to bullish, momentum slowed down; KDJ is retreating from high levels; RSI is in a neutral to slightly strong zone. Overall, it is a rebound after a surge, followed by a correction and consolidation.
The altcoins are also rebounding simultaneously, starting around 2,054, reaching a high of about 2,149, currently consolidating near 2,119, with strong support in the 2,050-2,070 range.
Overall, the morning strategy is mainly to buy on dips, focusing on confirming support for a second rebound opportunity.

Trading Suggestions:
Bitcoin: Buy on dips around 75,500-76,000, target 77,700, 78,500.
Altcoins: Buy on dips around 2,050-2,070, target 2,150, 2,180. #沃什宣誓就任美联储主席 $BTC $ETH