5.22 Morning Thought Analysis

Waking up, crypto enthusiasts once again witnessed history! Bitcoin surged strongly past the 110,000 mark, reaching as high as 110,800, but unexpectedly, the situation changed dramatically in the early morning, with prices rapidly falling to around 106,100, and then quickly rebounding to recover lost ground.

Currently, while the bulls seem to be on the offensive, the traces of the main players' manipulation are hard to hide. The market is at a high point, and risks continue to accumulate. Blindly chasing after price increases can easily lead to being trapped in a losing position, so it is recommended to focus on high short strategies in the morning.

Operation Suggestions

Bitcoin: Range between 109,900-110,500, with a target looking towards 108,500-106,500. #BTC再创新高 #BTC挑战11万大关 #BTC走势分析