On the morning of May 24th from 9 am to 12 pm, this wave of market movement mainly belongs to "weak oscillation correction after a sharp rise and fall." Bitcoin relied on around 76,590 to rebound in the early hours, reaching a high of about 76,983, but the bullish momentum was insufficient to continue, followed by resistance at high levels and a pullback. The price retested around 76,600, forming a small-scale short-term high-low correction structure. The "Auntie" token moved in sync, reaching a peak near 2,126 before gradually falling back to around 2,116, generally following Bitcoin's rhythm.

From a capital perspective, trading volume increased during the upward push in the morning, but subsequent follow-up capital was clearly insufficient, indicating that the short-term movement was more of an oversold rebound rather than a trend reversal. Some high-leverage long positions concentrated above 76,900, leading to profit-taking and short-seller suppression after the surge. Technically, the MACD short-term red histogram shrank, the KDJ formed a death cross at high levels, and the RSI retreated from the strong zone, indicating that short-term momentum was beginning to weaken. In terms of pattern, Bitcoin faced resistance around 77,000, and the Auntie token in the 2125-2130 range also experienced significant selling pressure.

Overall, the news sentiment was relatively stable, with US stock futures oscillating weakly, exerting some pressure on market sentiment; ETF capital inflows continued but slowed down, and market risk appetite declined. Overall, the morning market was more of a weak correction and consolidation, with cautious market sentiment, and short-term funds mainly engaged in high sell and low buy. #沃什宣誓就任美联储主席 $BTC $ETH