May 29 Afternoon Bitcoin Outlook: Clear signals of resistance during the rebound, forming a bearish middle band suppression

The one-hour chart shows insufficient rebound momentum, with prices continuously constrained by the Bollinger middle band, and medium to long-term moving averages remaining downward, making it difficult for the bulls to organize an effective counterattack. Consecutive closes in the red reflect significant selling pressure above, with the market’s center of gravity continuously shifting downward.

Both macro and technical aspects create resistance; this rebound is only a technical correction, and the outlook still leans toward a decline. In terms of trading strategy, continue with the early session approach, and go short after the rebound encounters resistance.

Short Bitcoin in the 74,800-75,300 range #成长值抽奖赢金条 during the rebound, targeting 72,000!