May 29 Zhang Lihui: Heavy resistance above Bitcoin 4H chart, the bearish pattern has not changed! How should today’s Bitcoin (BTC) and Ethereum (ETH) be positioned? #24h加密合约清算破4亿美元

Zhang Lihui 168118 Beijing time May 29, 2026, 09:01 Edited: Bitcoin market analysis and trading suggestions

In the 1-hour Bitcoin chart, the market dipped near 72,500 last night and formed a rebound; the current candlestick has successfully broken above the middle band and MA15 crossover support level, and is attacking the upper band resistance; MACD remains balanced with increasing volume above the zero line, the fast and slow lines continue to form a golden cross, KDJ and RSI are rising for the second time, indicating short-term buying demand, and the price may successfully break through 74,000 approaching the MA60 level!

The 4-hour Bollinger Bands are still narrowing downward, and the medium-term bearish pattern has not been effectively changed; currently, watch for the first crossover resistance at MA450 and MA15, as well as the middle band and MA30 second zone resistance; MACD continues to shrink below the zero line, and the fast and slow lines are in a converging stage without a golden cross yet, so beware of a second divergence; KDJ and RSI are both rising and approaching 50. Lihui suggests not chasing shorts at the current position, wait for the long to finish or continue waiting for a pullback to go long!

Today’s Bitcoin long entry point one: lightly long below 73,000, stop loss below 72,500, target 73,800-74,550; if broken through 75,000-75,500, continue holding!

Today’s Bitcoin short entry point one: lightly short above 74,550, add above 75,700, stop loss above 76,200, target 73,500-72,600! If broken below 72,500-72,000, continue holding! Specific entry opportunities for shorts can be followed through Lihui’s real-time updates!

Article review and push notifications are delayed; market changes rapidly, specific entry points should be combined with actual trading operations, based on real-time notifications. The suggested levels in the article are for reference only; do not operate with full position. Enter with proper stop-loss and take-profit, and take profits when the trend is good!