5.28 Evening



Thoughts and Predictions:
Bitcoin's overall weakness continued during the daytime trading session today, with prices declining from above 74,500, dropping to around 72,556 at the lowest point, then consolidating and recovering in a low range. Currently, prices are hovering around 73,000. From a structural perspective, the short-term bearish momentum has been released sufficiently, with support gradually forming in the 72,000-72,500 area, but there is still significant resistance at 73,500-74,200. If subsequent pullbacks do not break the lows, there is a short-term chance for a rebound. In terms of capital flow, volume increased during the decline today, indicating that panic selling and high-leverage long positions have been largely released, and market sentiment remains cautious tonight. Technically, MACD bearish momentum is beginning to slow, KDJ is in a dull state at low levels, and RSI is approaching oversold territory, suggesting a short-term technical rebound may be needed. The altcoins are also weakening simultaneously, with the lowest near 1,965, currently fluctuating around 1,990, with support in the 1,960-1,980 range. Overall, tonight’s strategy is mainly to buy on dips, focusing on rebounds after support is established at low levels.

Trading Suggestions:
Bitcoin: Buy near 72,000-72,500, target 74,200, 75,000.
Altcoins: Buy near 1,960-1,980, target 2,030, 2,050. #美军对伊朗发动新打击 $BTC $ETH
BTC-5.62%
ETH-6.38%
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