5.26 Bitcoin Morning Analysis



Yesterday, Bitcoin bottomed out and then successfully rebounded, with the overall pattern showing a oscillating and relatively strong trend, building momentum for recovery. Selling pressure at high levels is gradually easing, while buying support at low levels is gradually increasing, and the market's signal of stopping the decline is already very clear.

From a technical perspective, the key support zone at 75,500-76,000 has sufficient backing, with multiple dips not breaking through effectively. The bottom support structure is solid. The 4-hour chart shows steady upward movement, and the rebound trend is becoming more and more evident.

Trading suggestion: Light long positions at 76,000-76,500, targeting 78,000-80,000.
BTC-0.11%
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