Federal Reserve's leadership reshuffle hits' weak repair ', BTC focuses on 76000-78600 range game

1、 Macro and emotional aspects The new chairman of the Federal Reserve, Warsh, will be sworn in at the White House on May 20th, and there are loose expectations in the market for further liquidity improvement. Although the Panic Greed Index fell to 25 (a new low in 2026), the number of wallets holding 100+BTC on the chain increased by 11.2% year-on-year (to 20200) against the trend, indicating that long-term large funds are still continuing to attract funds at low prices. 2、 Analysis of "weak repair" in technical aspects At present, BTC continues its weak repair structure of "short positions resting and long positions shrinking", with a 4-hour high point moving downwards and the price under pressure from EMA7, still in a range oscillation consolidation. The daily MACD has a dead cross, but the green bar continues to shorten. The 4-hour RSI has rebounded to 39-42, and short-term selling pressure has eased, but there is a lack of clear incremental funds. 3、 Core point analysis and judgment Below support (if it retracts, where will it fall): 76400 USDT: Near the daily low point in the early stage, there is a short-term buying opportunity. 75000-75500 USDT: Key trend defensive band, historically prone to trigger rapid rebound; If it falls below, the short-term market will completely weaken. Upper pressure (if rebounding, where to look): 77800-78200 USDT: 4H EMA30 and previous fluctuations on the upper edge, unable to maintain a steady position with increased volume, will continue to retrace. 79000 USDT: Key trend watershed, effectively breaking above marks the end of the pullback structure. Risk Warning: Opinions are for reference only and do not constitute investment advice. The market is risky, so entry should be cautious.