Coin Sea Wave: 5.26 Cryptocurrency Market Bitcoin (BTC) Latest Market Analysis and Insights

Coin Sea Wave: 5.26 Bitcoin (BTC) Market Analysis Reference:
Bitcoin current price is 76,800, with the intraday trend continuing weak oscillation and consolidation.
On the daily chart, Bitcoin is currently in a clear correction and adjustment phase, trading below the middle band of the Bollinger Bands, with the lower band serving as a short-term key support.
The MACD indicator shows the DIF line still below the DEA line, with the histogram gradually shortening but still in negative territory.
The bearish momentum is waning but has not completely reversed;
The KDJ indicator's K line is crossing above the D line, in a recovery phase after a golden cross;
The RSI indicator's three lines remain in the neutral zone but have not broken through the 50 mark, indicating overall weak oscillation.
At the same time, the price has broken below the short-term EMA moving averages.
If it cannot stabilize above the middle Bollinger Band later, there is still a possibility of further decline toward the lower Bollinger Band.

On the short-term 4-hour chart, the price is in a narrow range of rebound after a decline, currently trading near the middle Bollinger Band.
The Bollinger Bands are narrowing, indicating short-term volatility is decreasing.
The MACD DIF line is turning downward, with the histogram continuing to shorten, showing diminishing bullish momentum;
The KDJ indicator's three lines are turning downward from high levels, indicating a short-term pullback is needed.
The lower Bollinger Band provides support, while the price is near short-term moving averages such as EMA7 and EMA15.
The long-term EMA120 is above, creating resistance.
The 4-hour chart is in a consolidation phase after a rebound; if it cannot break through the upper Bollinger Band, it is likely to retest the middle or lower Bollinger Band support.
Only a volume breakout above the upper band and stabilization can extend the rebound and challenge the daily resistance levels.
Trading strategy: Sell on resistance when upward momentum stalls; look for low entries after pullbacks and stabilization at support levels.

Coin Sea Wave: 5.26 Short-term Bitcoin Trading Reference:
Long position: Buy in the 75,400-76,200 range, with a stop loss at 74,000, target 77,000-78,000.
Short position: Short in the 78,600-77,800 range, with a 500-point stop loss, target 77,500-76,500.
This content is originally shared by 【Coin Sea Wave】, representing personal views only.
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Do not operate blindly!
Hope everyone can stick to their principles regardless of market fluctuations, stay rational and calm on the investment journey. #机构资金从BTC轮动至HYPE和XRP #股票交易挑战最高赢17000U $BTC