SevenFlowersOnOneVine
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Morning thoughts on May 30


Last night, Bitcoin continued to decline, reaching a low of around 105500, then rebounding to around 106400, and currently falling back to around 105800. The trading strategies in the morning and evening yesterday were both successful. Analyzing from a technical structure perspective, the daily chart shows that Bitcoin has broken below the middle band of the Bollinger Bands and is now moving towards the lower band. The KDJ lines are diverging downwards, and the MACD histogram's momentum is increasing. From the 4-hour chart, Bitcoin is currently showing a straight downward trend. Although there was a brief rebound for correction after the previous large bearish drop, the overall downward trend of Bitcoin is evident, and as the rebound momentum gradually weakens, the bearish force is dominating, hence the high bearish operations in the morning.

Operation Suggestions
The big pie is around 105800 to 106200, with a target of around 104800 to 104000.
The concubine is around 2640 to 2660, with a target of around 2580 to 2550.

#4月核心PCE将公布#
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The content is for reference only, not a solicitation or offer. No investment, tax, or legal advice provided. See Disclaimer for more risks disclosure.
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DickNewsvip
· 05-30 00:17
Hold on tight, we are about to To da moon 🛫
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WaitForMyReturnvip
· 05-30 00:15
Steadfast HODL💎
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