5.25 Early Morning Analysis



Currently, Bitcoin's technical outlook is fully bearish. The upper band of the Bollinger Bands has turned downward, indicating the end of the bullish trend. The price surged to 77,586, touching the upper band and facing resistance, then pulled back. It has effectively broken below the key midpoint of 76,788, turning the middle band from support into strong resistance. The price center of gravity continues to decline, and the Bollinger Bands are converging downward, forming a bearish pattern.
The candlestick shows increased volume with sharp declines and decreased volume with weak rebounds, unable to sustain above the middle band. The bulls lack momentum, and selling pressure continues to dominate the market, representing a typical false breakout with trap-like bullish signals.

All-dimensional signals are resonating bearish. Trading should be based on the middle band as the dividing line between bulls and bears. Rebounds facing resistance can be viewed as opportunities to short, with the initial target at the lower band. A volume-driven break below 76,160 could open the door to deeper corrections.

Trading suggestion: 77,000-77,500 short, with targets at 75,000-75,500. $HYPE $SOL $GT #TradFi交易分享挑战
BTC1.17%
HYPE9.24%
SOL0.85%
GT0.57%
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