May 26th $BTC Evening Analysis


From the 1-hour chart, after touching the intraday high of 77,887.9, the price shows a very clear pattern of rising sharply and then falling back. Currently, the price at 77,455 is just one step away from the upper Bollinger Band at 77,824, but it has been unable to break through with volume. Multiple attempts have failed, forming a short-term double top pattern, and the upward momentum has significantly weakened. The Bollinger Bands are continuously narrowing, and the oscillation range is shrinking, indicating a potential trend reversal window is approaching; meanwhile, the price has been unable to stay above the upper band and keeps testing near the middle band. This recent rally is likely a trap. A personal suggestion from Yi Fan: target 77,800-78,200 with a stop around 77,000-76,500. #BTC #ETH #BTC走势分析
BTC-0.42%
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