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On Tuesday, May 26th, Bitcoin's price strongly bounced off support levels, continuing the short-term bullish trend.
It moved upward with volatility throughout the day yesterday, survived overnight fluctuations, and currently faces slight resistance around 779 during the short-term rally, then retraced to the 770 area, maintaining above 765 in the short term.
In the four-hour chart, after last week's bottom at 742 support, there was a sharp V-shaped reversal, and the sustained bullish volume also caused Bitcoin to successfully break through the middle band and currently stay above it. The short-term trend is clearly strong, with key resistance at the 781-785 zone. If this range is broken, the upward potential will be even greater.
This morning, focus on the support levels at 765-760. If the price retraces near this area, consider going long with targets between 785-795. If the upward move fails to continue, consider shorting accordingly.