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May 72nd Bitcoin and Altcoin Thoughts and Trading Suggestions
Today’s Outlook
Bitcoin remains in a generally volatile and weak pattern, with limited rebound strength. The main strategy is to short on rebounds, with 77,500 being a short-term strong resistance, and 76,000 as the core support. Within this range, buy low and sell high, and follow the trend if broken.
Altcoin (second coin) moves in tandem with Bitcoin, showing a more bearish trend. The 2,150 level faces clear resistance, and 2,080 is an important short-term support. The price fluctuates within this range; if support is broken, the downward space will open further.
Trading Suggestions
Bitcoin: Short at 77,500-77,800 area, with a stop-loss above 78,300. Target 76,500 and 76,000;
If retesting 76,000-76,300 stabilizes, try a small long position with a stop-loss at 75,700, targeting 77,000-77,500;
If it effectively breaks below 76,000, add to short positions following the trend, aiming at 75,300-75,000.
Hold spot positions if 76,000 holds; reduce positions if broken, and buy back in batches around 75,000.
For those without positions, wait for a dip to 75,000-75,500 to build positions gradually.
Altcoin (second coin): Short at 2,150-2,180 on rebounds, with a stop-loss above 2,220. Target 2,100, 2,080, and 2,050;
If retesting 2,080-2,100 stabilizes, try a small long position with a stop-loss at 2,050, targeting 2,130-2,150;
If the body breaks below 2,050, follow the trend and short, aiming at 2,000-1,980.
Spot holders can hold if 2,080 holds; reduce positions if broken, and add around 2,000 in batches.
For those without positions, wait for a range of 2,000-2,020 to build positions gradually.
Risk Warning: Market volatility is fast; strictly manage risk, set reasonable stop-losses, and participate lightly. #股票交易挑战最高赢17000U $BTC $ETH