30 Seconds to Understand a Whole Night: Market Summary from 0:00 to 9:00 on May 28

From 0:00 to 9:00 on May 28, Bitcoin and altcoins generally showed a weak trend of "high-level resistance, early morning plunge, and low-level consolidation and recovery." Bitcoin reached a high of around 75,391 in the early morning, then bears increased volume to push it down, with a low of around 74,100; altcoins also weakened simultaneously, with resistance at around 2,065 and a low around 2,010.

Structurally, the nighttime highs gradually moved lower, and selling pressure above remained obvious. In terms of capital flow, trading volume increased during the decline, leveraged long positions were passively exited, and panic selling was concentrated; however, the lows did not break further, indicating some support around 74,000 and 2,000.

Technically, MACD bearish momentum is still being released, KDJ and RSI entered oversold zones, indicating a short-term need for a rebound from oversold conditions. On the news front, U.S. stocks oscillated at high levels, the dollar remained relatively strong, continuing to suppress risk assets, ETF capital inflows slowed, on-chain activity declined, and market sentiment was cautious.

Overall, last night’s keywords are: resistance during rally, volume-driven decline, support at lows, and weak recovery. #美光市值突破1万亿美元 $BTC $ETH