Understand a whole night in 30 seconds

From 0:00 to 9:00 on May 26th, Bitcoin and altcoins collectively showed a clear pattern of "high-level resistance, oscillating downward, and low-level recovery." Bitcoin peaked around 77,887 early in the morning, then the bullish momentum continued to weaken, with prices oscillating downward, reaching a low of about 76,472, a retracement of over 1,400 points, indicating concentrated selling pressure at high levels was being released. Altcoins also weakened simultaneously, peaking around 2,141 early in the morning, then steadily declining to about 2,083, generally following Bitcoin's rhythm.

From the capital perspective, during the nighttime decline, the bears' initiative increased, with some high-level long positions being passively closed, and the market shifted from chasing gains to cautious observation. Technically, the MACD short-term momentum weakened, the KDJ diverged downward from high levels, and the RSI retreated into a weak zone, indicating insufficient short-term recovery strength. No obvious strong positive news has appeared, and the market is more affected by profit-taking at high levels and cooling risk appetite. Overall, the key themes in the crypto market last night were: high-level resistance, bearish release, low-level oscillation, and cautious sentiment. ##$BTC $ETH ####以太坊隐私升级路线图