5.28 Market Analysis

The market is analyzed from the 4-hour level, with prices continuing to fluctuate within the range of 111980-106600. Before effectively breaking through the upper or lower bounds of this range, it is expected that this oscillating pattern will continue. The current price faces strong resistance at high levels, and based on the characteristics of the market, it is recommended to focus on short-selling opportunities at high levels.

Specifically, the bullish rebound momentum is obviously insufficient, with each rebound high point showing a gradual downward trend, while the low points during the oscillation process are also continuously dropping, overall presenting a bearish oscillating pattern. Therefore, the subsequent operational strategy can focus on short-selling during rebounds at high points to seize short-selling opportunities within the range fluctuations.

Operational Suggestion

Short at 110500-112000, target 107500. #BTC