5.30 Bitcoin Morning Analysis

Currently, Bitcoin is adjusting around 108,000. Although a rebound pattern has formed on the daily chart, the rebound is relatively limited, and the downtrend continues strongly. Continue to pay attention to the resistance around 109,000-109,500 above, and the support situation around 106,500 below. When near 108,500, continue to short, with a target in the 106,000-106,500 range. If broken, continue to look down.

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