$BTC 5.28 Morning Bitcoin Market Analysis

Yesterday, the intraday guidance was to watch for a rebound and correction in Bitcoin, and to take light positions near resistance. But clearly, the rebound was not strong, with the highest only around 76,100. Yesterday noon, as expected, Bitcoin continued its downward trend, testing support around 75,300, but the market needed a pullback for correction, and the downside was limited, making effective breakthroughs difficult at that time. Bitcoin and the "second wife" both failed to break short-term resistance and later successfully reversed for a profit. As the US stock market opened in the evening, the rebound strength remained weak. A break below 75,000 was suggested to take light positions and target the previous low, with the "second wife" also following down to 2050 break level. In the early hours of today, the market still arrived late but on time, with the correction trend continuing smoothly.

The current market still faces the same problem: Bitcoin’s 4-hour technical rebound demand is strong, but the candlestick chart has not shown clear signs of a trend reversal, especially considering the rebound signals from yesterday. If no positive news stabilizes the situation soon, the rebound strength will remain weak. Recently, the "head" (short-term resistance) in the correction phase has shown no strength, with insufficient buying support below, making it hard to hold support levels. Plus, with the tense US-Iran situation and ongoing friction, market panic has not eased, and the correction trend remains unfavorable. During the daytime, the outlook is still for low-level oscillation and consolidation, with a rebound correction targeting resistance in the 74,800-75,300 range. The idea of a high correction is not favored; look for a drop to 73,000. The "second wife" is returning below 2000, with attention to 2040-2060 on the upside. #特朗普支持CFTC管辖预测市场 $ETH