Daily Market Analysis in Cryptocurrency (5.6) Summary: $BTC 74500-97800 Pink daily line rebound, recently emphasized the two positions of 91000 and 99000. The premise is that the price remains above 91000, there is still a possibility of rising to 99000. If it cannot break through 99000, there will still be a possibility of a new low later. Currently, starting from 97800, there is a daily line pullback, and the internal 4-hour up and down structure has formed, but we still need a 4-hour breakdown below the low of 93400 to complete the whole pink daily line pullback structure. The target for this pullback is around 91800. Yesterday, the price was blocked and fell back at the lower track of the 30-minute central point at 95150. The pressure above during the day is still 95150, and the support below is at the lower track of the central point at 93400, with a turning point at 91800. There will still be a daily line adjustment in May, with a target of at least around 84000. The day before yesterday, I suggested to short at 97000 in the group, and you can continue with that strategy. For those who haven't joined the group, you can click the yellow text in the pinned article on the homepage to enter, and support me by liking, commenting, and sharing.
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