Crypto Circle Academician: On May 28, Bitcoin is rapidly approaching a key double top! Bulls are on the verge of a "ceiling" - latest market analysis reference.

CN
1 day ago

The essence of trading is survival, and only then comes profit. Therefore, before each operation, think carefully about whether your actions are reasonable and whether your capital is safe. You need to form a trading mindset that belongs to you, continuously optimizing and improving it. Although the suggestions from the crypto circle academicians may not make you rich overnight, they can help you persist. Only those who survive in the crypto space for the long term and stick it out until the end can achieve the results they desire. I hope you understand.

I am a warrior in the crypto circle, always protecting the retail investors. I wish my followers financial freedom by 2025. Let's work hard together!

Crypto Circle Academician: 2025.5.28 Bitcoin (BTC) Latest Market Analysis

The current price of Bitcoin is 110,200. It is now 1 AM Beijing time. The strategy given yesterday has been validated; the 110,000 short position was partially exited at 108,000. As usual, I chose not to chase the long but to wait for a return to 110,000 to re-enter the reduced position and continue holding. Let's leave the rest to time. Since we have already entered the market, we shouldn't exit all at once; staggered exits are sufficient. Maintain stop-losses and take precautions.

The daily K-line reached a high of 110,700 and a low of 107,500. A double top is forming, and we cannot rule out the possibility of breaking the historical high again. The market is currently filled with bullish sentiments. The EMA15 trend indicator's fast line has reached 107,000, with the fast and slow lines widening the distance. The MACD shows a top divergence with decreasing volume, and the DIF and DEA are still in a death cross trend. The upper pressure level of the Bollinger Bands is at 111,500, and the stop-loss for shorts can be placed 300 to 500 points above this level. The lower band is at 106,000. Overall, the bullish trend is strong; be bullish but do not chase the market. Chasing highs and cutting losses is the biggest taboo in trading.

The four-hour K-line is gradually forming a double top. Friends who have not yet entered can try shorting near the historical high, with the stop-loss placed above the historical high. The EMA is currently in an upward state, and the MACD is continuously decreasing in volume while accumulating. The Bollinger Bands are showing extreme contraction, with the upper band at 111,000 and the lower band at 107,000. The strategy is primarily to try shorting at high levels, maintaining stop-losses. If wrong, wait for the next opportunity to try again.

Short-term reference: The market is never 100% certain, so always maintain stop-losses. Safety first; small losses and big gains are the goal.

For long positions, try entering between 106,500 and 106,000, with a defense at 105,500 and a stop-loss of 500 points. The target is 107,500 to 108,500, with a breakout target of 109,500.

For short positions, reference points are between 111,000 and 111,500, with a defense at 112,000 and a stop-loss of 500 points. The target is 110,000 to 109,000, with a breakout target of 108,000.

Specific operations should be based on real-time market data. For more information, you can consult the author. There may be delays in article publication; the suggestions are for reference only, and risks are borne by the reader.

This article is exclusively contributed by the Crypto Circle Academician and represents the unique views of the Academician. In-depth research has been conducted on BTC, ETH, DOGE, DOT, FIL, EOS, etc. Due to the timing of the article's release, the above views and suggestions may not be real-time and are for reference only. Risks are borne by the reader. Please indicate the source when reprinting. Manage your positions reasonably and avoid heavy or full positions. The Academician also hopes that all investors understand that the market is always right. If you are wrong, you should reflect on where your issues lie and not let the profits that should be yours slip away. There is no need to be smarter than the market; when a trend comes, respond and follow it; when there is no trend, observe and remain calm. It is not too late to act once the trend becomes clear. Tomorrow's success stems from today's choices. Heaven rewards diligence, the earth rewards kindness, humanity rewards sincerity, business rewards trust, industry rewards excellence, and art rewards passion. Gains and losses often occur unexpectedly. Develop the habit of strictly maintaining stop-losses and take-profits for each trade. The Crypto Circle Academician wishes you happy investing!

Warm reminder: The above content is solely created by the author of the public account. The advertisements at the end of the article and in the comments section are unrelated to the author. Please discern carefully. Thank you for reading.

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