#BTC Gate.io | Coin Academician – BTC Market Update (2025/05/28)

BTC Nears Double Top — Critical Resistance Ahead

Bitcoin is approaching a key double top, with current price at $110,200 as of 01:00 Beijing time. Yesterday’s plan played out with exits around $108,000. As always, we avoided chasing and waited for a retracement near $110K.

Key Technicals:
• Daily Range: $110,700 (high) / $107,500 (low)
• EMA15 rising, MACD showing divergence & contraction
• Bollinger Bands tightening – upper pressure at $111,500
• Double top forming on 4h chart; EMA still rising

Strategy Summary:
• Short-term long entry: $106,000–106,500
• Stop loss: $105,500
• Targets: $107,500–108,500, break at $109,500
• Short near resistance: $111,000–111,500
• Stop loss: $112,000
• Targets: $110,000–109,000, break at $108,000

Reminder: The market rewards patience. Use stop-losses, avoid full-position trading, and focus on small losses with big wins. Survive first — profit second.

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