Wednesday, May 27th, Zhongling Afternoon BTC/ETH Silk Dew



The current price is in a slight rebound correction stage, but the Vegas channel still forms continuous resistance, and market sentiment is generally bearish, with the overall structure remaining in a downtrend. Therefore, today we continue to maintain the idea of shorting on rebounds.

From the four-hour chart, all three Vegas channels have already turned downward, with the upper and middle bands forming multiple layers of resistance. The price has effectively broken below the middle band and is running close to the lower band, with very strong resistance above. This round of four-hour trading topped out at 78,180 with a double top false breakout, followed by a large bearish candle smashing down, directly breaking through multiple key support levels. After the big decline, the rebound momentum is very weak, and any current rebound is an opportunity to establish short positions.

Trading suggestions:
Bitcoin in the 76,200-76,600 range for shorting, with an intraday target of 75,000-73,500!
Altcoin 2,090-2,110 range for shorting, with an intraday target of 1,990.
$BTC $SOL $ETH #股票交易挑战最高赢17000U #Gate预测市场升级聪明钱追踪 #交易CFD送黄金 #机构资金从BTC轮动至HYPE和XRP
BTC-0.97%
ETH-0.66%
SOL-0.91%
HYPE5.27%
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