5.30 Bitcoin midday market: Rebound opportunity amid extreme panic?



Saturday's market trading is light, but the bulls and bears are still fiercely contesting. Currently, Bitcoin has shown a slight rebound after finding support around 72,500, the daily bearish trend remains unchanged, but there is a clear need for correction on the four-hour level.

$BTC
Overall strategy: Small stop-loss, quick entries and exits, avoid chasing rallies and panic selling, keep position size within 20%
High point: Around 737-740, with a buy zone at 743, watch 730-725
Low buy: Around 730-733, with a buy zone at 727, watch 740-750

Technical analysis: Price is still below all short-term moving averages, MACD green bars have shortened but are still below zero, the overall weak pattern remains. However, on the four-hour level, KDJ has entered the overbought zone, indicating a short-term correction is needed.

Fundamentals: US Bitcoin ETF has experienced net outflows for 9 consecutive trading days, totaling $2.8 billion, indicating continued selling pressure from institutions. The Fed's rate cut expectations for June have further cooled, and macro conditions remain bearish.

Capital flow: The overall long-short ratio across the network is 0.65, with bears in the lead, but there is significant buying support in the 72,000-73,000 range.

Important reminder: Today's Saturday market has lower liquidity, and volatility may be amplified. Strictly adhere to stop-loss rules. If the price effectively breaks below 72,000, the bearish trend will continue, possibly dropping to 70,000. If volume breaks through 75,000, the rebound may extend to 76,000-77,000 #美伊谈判博弈
BTC-0.7%
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