5.27 Tuesday Morning Thought Analysis

Although Bitcoin surged sharply yesterday, breaking above 110,000, the subsequent upward trend did not continue. After rising, it could not stabilize and fell back down. Overall, the fluctuations are not significant. It is currently hovering around the 109,000 point mark.

From the 1-hour K-line of Bitcoin, the price began to fall after failing to stabilize at a peak. It has now run above the lower Bollinger Band, with a downward trend. Moreover, the trend appears to continue to move downward, and there is still considerable space below.

The KDJ three lines have shown slight rebounds but have started to move downwards, maintaining a downward trend with weak rebound strength. The MACD two lines are also running straight down. Today’s morning thought is still primarily focused on short positions.

Morning Operation Suggestions

Short Bitcoin between 109,400 and 110,000, targeting 107,000. If it breaks through, continue to look downward; if it does not break, reverse and go long.