5.26 Morning Bitcoin Market Analysis



On Monday, the intraday market still mainly showed slight rebounds, and the trend was relatively slow, so there weren't many trading opportunities. Overall, it was still about short-term trading. However, our high-leverage strategy started to emerge this morning. In fact, when the rebound yesterday failed to break through the upper level of 78,000, the market had already begun to need a correction and repair in the early hours. Plus, today's minor friction between the US and Iran added to this. This wave of pullback became clearer, although it took some time, the previous rebound gave us a reasonable space for profit-taking on the pullback. It’s good to develop a habit: after each profit, take some off the table. Over time, if one day your position unfortunately returns to the starting point, you’ll see that the amount you’ve taken off has already accumulated to a decent size.

Yesterday, Bitcoin’s pullback was too weak, but the rebound strength was also not strong, leaning more towards a sideways upward trend. The pullback early this morning has already approached the first target level for high-leverage trading. The 1-hour leverage momentum continues to grow, but volume is gradually decreasing, and the KDJ has also begun a technical correction from high levels. The situation with the “mistress” (altcoins) is similar; traders who took leverage at high levels might consider taking profits now. The short-term support level below Bitcoin is 76,000, and the leverage volume has shrunk, making it difficult to break through. Plus, the white coin trend is relatively weak, so the main trend remains sideways. The current correction and repair phase is not fully over yet. Next, focus on the 76,500 level; if it breaks down, watch the 76,300-76,100 range. For the “mistress,” watch the 2,070-2,060 range. No need to rush into trading; I recommend waiting until the trend stabilizes before making a move. #美军打击伊朗 $BTC
BTC-2.02%
ETH-2.61%
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