From the BTC daily chart perspective, the structure has reached the upper boundary of the original consolidation center, forming a lower shadow. Its main medium-term moving averages, M20 and M60, still show a strong bullish alignment with converging trends. The short-term moving averages, 5 and 10 days, are gradually closing the gap, showing signs of forming a golden cross at this point.

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Switching to the 30-minute level for micro analysis:
From the 30-minute micro perspective, the daily consolidation center's upper boundary is around 76,000. Between May 19, 2026, and May 23, 2026, 3:30, the 30-minute chart shows consolidation and fluctuation within 76,000-77,400, with multiple false breakouts during this period. On May 23, 2026, at 3:30, it broke below the 30-minute consolidation center, forming a bullish divergence signal below, then recovered sharply. Currently, BTC's bulls and bears are in a fierce battle. The current position is still within the original 30-minute consolidation center after a V-shaped reversal, with a potential head and shoulders bottom pattern forming. The bulls seem to have overtaken the bears. In summary: BTC is currently constrained by the 30-minute consolidation center, with key levels at approximately 77,400 on the upper side and 76,000 on the lower side. For long positions, it’s necessary to observe whether BTC can stabilize above 77,400, breaking the current bull-bear equilibrium. Conversely, for short positions, watch whether the 76,000 level can be broken to the downside. Personally, I lean more towards the bulls, so I prefer to wait patiently until BTC stabilizes above 77,400 before attempting to go long. #btc #大饼