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Sunday Review and Early Morning 5.25 Thought Sharing
$BTC Market Review: Early morning, it first fluctuated around 75,500, then surged all the way up to around 77,400, followed by a quick pullback to around 76,800 for adjustment. In the evening, it surged again to 77,600, the highest point of the day, then dipped to 76,159, now trading around 76,500.
Position Summary: On Saturday afternoon, we set a swing long at 74,350, took profit and exited at 76,350 early morning, successfully capturing 2,000 points of profit.
At noon, we suggested a long strategy at 76,600-76,100. As the market surged again in the evening, our long position at 76,600 was perfectly closed for profit, hitting exactly 77,600, capturing another 1,000 points.
The market’s trend rarely follows most people’s predictions. Many are still stubbornly waiting for a deep dip to buy the bottom, but the market gradually rises, and the more they watch, the more they miss out.
They always think they will get a satisfying low point, but real opportunities never accommodate hesitation. By the time they react and try to catch up, the market has already moved out of the best entry zone, and they can only watch others’ positions accumulate profits.
Based on the 4-hour chart and the US-Iran situation, the current market game is very clear.
Signs of easing in the US-Iran situation directly weaken the market’s safe-haven demand, causing funds to flow back into the crypto market, providing underlying support for prices.
From the 4-hour candlestick chart, it’s obvious that after reaching a low, the price quickly recovered, with declining momentum clearly weakening.
Bottom support is beginning to show, but there is some selling pressure above, causing the rebound to be somewhat oscillatory.
The biggest uncertainty remains in the negotiation process. If the situation changes again, the market is likely to experience pressure and volatility.
But as long as the overall expectation of easing remains, the current bottom structure will stay solid.
Multiple downward tests by bears have failed to break through effectively.
As time passes, the passive situation faced by short holders and those waiting on the sidelines will continue to worsen.
Monday early morning Bitcoin trading strategy:
Buy around 76,300-75,800, target up to 78,000.
Ethereum trading suggestion:
Buy around 2,090-2,070, target up to 2,150.