$BTC Crypto Circle Li Ying: May 29, 2026 - Latest Bitcoin (BTC) Market Analysis and Trading Recommendations

　　
　　Article published on 2026.5.29 — 00:30
　　
　　Family! Bitcoin is now at 72,890. The current Bitcoin market is truly a psychological battle! It seems calm on the surface, but there are hidden currents beneath. Many people have watched it fall from over 80k, and their minds are already breaking—either unwilling to cut losses and hold on stubbornly, or rushing to buy the dip and buying in halfway up the mountain. Actually, trading is not just about reading charts, but also about understanding human nature. The current market is being manipulated by the main players using this downward trend, slowly wearing down retail investors’ patience. What we need to do today is not predict whether it will go up or down tomorrow, but to develop a plan that can handle both scenarios, prioritizing risk control. That is the true way to survive long-term in the crypto world.
　　
　　Let’s analyze the psychological implications behind the chart with Li Ying. Look at those EMA7/30/120 lines—do they resemble iron gates? Every time the price attempts to rebound, it is ruthlessly pushed back by these moving averages. This is the market telling you: it’s not the right time yet. Especially the MACD indicator, although below zero, has not formed a strong golden cross, indicating that the bulls are still watching and there is no sign of large-scale buying the dip. The most critical is the lower Bollinger Band at 72,225, which is the last psychological defense line for the bulls. If it cannot hold here, panic selling will surge instantly, causing an accelerated decline; conversely, if it can hold and volume increases with a rally, a decent correction could be on the horizon. The current volume-dry downward trend is actually the calm before the storm.
　　
　　Short-term reference:
　　
　　Buy at 72200-71700, exit if it breaks below 71400, target above 72700 aiming for 73200
　　
　　Sell at 73300-73800, exit if it falls below 74200, target below 72700 aiming for 72200
　　
　　The above content is exclusively created by Li Ying. Please indicate the source when reprinting! Due to the delay in article review and publication, markets change rapidly. The above suggestions are for reference only; trade at your own risk. We hope Li Ying’s insights will be helpful to you!
　　
　　The content of this article is real-time and for reference only. Trade at your own risk. ‌#24h加密合约清算破4亿美元