$BTC 5.28 Afternoon Bitcoin Market Analysis

In the morning, Bitcoin surged on positive news, with the price quickly dropping around 74,300, breaking through 74,000 and 73,000, hitting a recent low of 72,667, but this position is not the bottom yet. After breaking below 2000, Auntie also headed straight for 1950. We directly followed the rapid decline, successfully catching this wave of downward movement. The crypto world is like a deep sea, with whales, huge waves, and shining treasures. But don’t forget, you’re not a fish, you are a human. You can dive, but remember to surface for air. You can explore, but remember to tie your safety rope.

Market sentiment is already panic-driven, and the rebound and recovery are not strong enough to stabilize above key levels. Moreover, in this situation, the support below is insufficient, and support levels are hard to establish effectively. Currently, on the 1-hour chart of Bitcoin, the momentum is still being released. However, in the MACD, the fast and slow lines are quite deep, and the KDJ is forming a low-level golden cross, indicating a need for technical correction. The target level given in the morning has already been reached, so now we should watch for a short-term rebound. After the indicators are corrected, we can still look for opportunities to buy at high levels without rushing into long positions, continuing to follow the trend. Watch the 73,700-74,000 range above, with Auntie expecting resistance at the 2000 level. Also, in the short term, we should not be greedy; take what you can. #美军对伊朗发动新打击 $ETH