5.28 BTC Evening Analysis
📊 Technical Analysis
Bollinger Bands are narrowing: the market is in a consolidation phase, but the lower support remains effective, and short-term volatility is limited.
The price has tested the 108200 support multiple times without breaking, showing strong buying support below. If there are no negative impacts, there is still a possibility of a short-term rebound.
Upper resistance: The 110000~110700 area has significant selling pressure, and several attempts to break through have failed.
👉 Comprehensive Judgment: Currently in a “trap for bulls easy to be dumped” consolidation phase, it is not advisable to blindly chase the rise. Attention should be paid to the changes in the following key levels.
🟢 Long Position Considerations: Effective support near 10800 + appearance of a stop-loss signal
🔴 Short Position Considerations: Rebound to the 110000 pressure zone without breaking + volume increase on decline
📉 Risk Area: A drop below 108000 may trigger a deep correction!