2026.5.24 Current price around 77,000



Last night, I posted focusing on the 76,000-77,500 range, and now it has indeed reached this range. The rally last night was due to Trump announcing a ceasefire, which pushed prices up, but ultimately it will come back down. This range can now be used for grid trading or partial entry to open short positions (all positions should be determined based on the market movement). Whether this small upward trend has run its course is still unknown. When trading cryptocurrencies, we have to take it step by step; plans can’t keep up with changes.

4-hour trend:
Currently, the price is around 77,000, in the midst of a strong rebound. The current resistance levels are around 77,500-78,000. Looking at the trading volume, there doesn’t seem to be significant capital entering.

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Daily trend (Bear)

The daily chart has not broken through 90,400 yet, so don’t speak of a bull market (breakout points will adjust with the market).

· Bull market conditions: Daily close above 90,400 + sustained increasing volume
· Current status: Bearish structure remains, treat rebounds cautiously

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✅ Today’s strategy
1. For the current price, you can start grid trading with a trading bot:
Trading range for BTC: lowest 75,300 - highest 78,000 (take profits as appropriate; it’s not necessary to hit the previous low or break below, because the price won’t drop all at once; there will be tug-of-war between bulls and bears, and you can open multiple trades within this range)
2. You can build positions in batches at the current price

Stop-loss idea: If the price reaches 78,000 or breaks above 78,000, don’t rush to stop-loss; instead, consider adding to short positions, expecting a decline. If the price falls and then breaks above 78,000 again and stabilizes with high volume, that indicates a reversal. Then, stop-loss. #btc
BTC2.13%
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