Market news is in chaos, BTC is still fluctuating, waiting for a breakout.

The market changes daily, with many uncertainties. On May 26th, the U.S. took action against targets near Hormuzgan Province in southern Iran, mainly targeting missile launch sites and ships suspected of secretly laying mines. Once this happened, Iran immediately responded strongly, accusing the U.S. of breaking the nearly seven-week ceasefire agreement, and explicitly stating that retaliation is not ruled out. Although both sides expressed willingness to continue negotiations, this conflict has made the situation more complicated.

The nightmare for momentum traders, the graveyard for dip buyers!

Yesterday morning, long positions were placed in the 764-767 range, with the highest rise to around 776 during the European session, and all positions were fully closed around 775.

Before the market opened last night, a short was entered at around 77,100, with a re-entry short at 77,988, both positions fully engaged, aiming to see a break below 75,800 and further decline depending on the situation.

Although the price hit a new low of 2053, the MACD fast and slow lines (DIF and DEA) did not make new lows, and the green bars (bearish momentum) are shrinking.

This is a potential bullish divergence signal, indicating that downward momentum is weakening, and a short-term corrective rebound toward the moving averages is highly likely.

BTC trading suggestion: buy at 75,088-75,500, with a 800-point stop-loss, target 76,300 breakthrough to see 77,200-77,700. $BTC