【$btc】2025.5.29

① Yesterday's decline was quite significant. Is it going to continue downward? Here, I want to emphasize that only if the price effectively breaks below 106000 is there a substantial risk of a reversal; if it doesn't break below, we will still see range fluctuations. And this range is 【106000-111000】. It just means that, currently, the bears have the upper hand. The cost-effectiveness of shorting is slightly higher, but the difference is not large, especially after experiencing a small decline yesterday. Moreover, after tonight, the Bitcoin conference will conclude, and after it officially ends, there is a considerable possibility that there will be a wave of profit-taking, which could be a bearish signal. Therefore, today, let's first look for a rebound in the market. As for how far it can rebound, we will analyze it one by one.

② Taking the 4-hour level as an example, the current pressure in the market is around the 109000 range, followed by the 110000 range. As mentioned yesterday, only if it can stabilize above 110000 is there a chance for further upward movement. Otherwise, it will be a fluctuation, biased towards the bear side, especially if it breaks below 106000, the bears will basically take control. Of course, don't expect that breaking below 106000 will lead to a significant drop; it won’t. Even if it breaks below 106000, it will likely rebound back to 106000 and above. It just means that the bearish fluctuation perspective will become more apparent. After breaking below 106000, low buying can be done, but high shorting can be done even more.

③ The key support below is around the 106000 range. The strongest support below is approximately around the 104000 range. If the price can really drop to this level, managing your bullets means going up. Of course, if it can continue to go down and then come back up, that would be the best scenario. #马斯克宣布离开特朗普政府 #交易类型入门 #内容挖矿赢最高100%WCT返佣