May 24 Evening

Thoughts Analysis and Forecast:
Bitcoin overall showed a pattern of initial strength followed by a pullback today, forming a oscillation and correction structure. It started to rebound around 75,333 in the early morning, reaching a high of about 77,600, indicating strong support at lower levels. However, prices retreated back to around 76,300 in the evening, entering a short-term high-level pullback and consolidation phase. The 75,300-75,800 zone is a key support area following the previous rebound initiation. If the pullback does not break below this zone and volume increases to stabilize, bulls still have a chance to test around 77,500 and 78,500.
In terms of volume, the previous rally phase saw significant volume release, indicating active buying. However, the momentum for chasing highs at high levels was insufficient, and the evening decline was more about profit-taking and short-term shakeout.
Technically, MACD momentum is slowing but not fully weakening, KDJ has retreated but may turn upward again, and RSI is in a neutral to slightly strong zone.
The altcoin (姨太) also followed Bitcoin’s rise and fall, with resistance near 2,149 at the high. Currently, it has retreated to around 2,095, with strong support between 2,050-2,070.
Overall, tonight’s strategy is mainly to buy on dips, focusing on support confirmation and continuation of rebounds.

Trading Suggestions:
Bitcoin: Buy near 75,300-75,800, target 77,500, 78,500.
Altcoin: Buy near 2,050-2,070, target 2,140, 2,180. #沃什宣誓就任美联储主席 $BTC $ETH