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May 29, 2026, current price around 73,364
Currently, 4-hour trend: It looks like support has been established around 72,780. Even if you chase a short now, it’s not very cost-effective. At this point, it’s better to stay flat and wait. The 78,000 level is likely unreachable; don’t hold onto illusions. The rebound will at most bounce back to 76,000. If no opportunity presents itself, don’t take it. Opportunities are available every day; there’s no need to chase, better not to act than to make a mistake.
✅ Today’s strategy
1. Rebound to between 74,154 and 75,447 or open a short when touching the trend line, take profit near: 71,524
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Daily chart major trend (bear)
The daily chart has not broken through 90,400 yet, so don’t speak of a bull market (breakout points will adjust with the market)
· Bull market conditions: Daily close above 90,400 + trading volume continuously increasing
· Current state: Bear market structure unchanged, treat rebounds cautiously
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$BTC5S