🇺🇸 Market Pulse: Bitcoin Hovers at $77K as News-Driven Volatility Takes Center Stage. The crypto market is in a news-driven frenzy, and Bitcoin is feeling the heat. Here's the breakdown: 🔹 Bitcoin's Current Position: BTC is oscillating around the $77K mark, heavily influenced by macro headlines. The recent election of Kevin Walsh as Fed Chair sparked initial panic and a sharp sell-off on May 15. Following his official swearing-in yesterday, price action has consolidated back to the midline. Expect a bounce from these levels as the new Chair is unlikely to drop any bombshells immediately. A short-term long position is active, targeting the upper channel boundary with a "grab and go" strategy. 🔹 Ethereum's Support Zone: ETH has dipped near the lower channel boundary, a critical support area. Mirroring BTC's outlook, a bounce is anticipated toward the neckline just above $2,000. A short-term long position is in play, with plans to scale out upon reaching the target. 🔹 Altcoin Spotlight: AXS has corrected back to its previous rally's starting point. After buying into the support zone, the position is already up nearly 4 points and is being held for further upside. 🔹 Market Structure & Strategy: The current structure is chaotic, with no clear wave pattern forming. This calls for patience and a short-term, tactical approach. Risk management is paramount. ⚠️ Risk Warning: The crypto market is highly volatile and news-sensitive. Short-term trading demands strict stop-loss discipline. Avoid over-leveraging or chasing pumps/dumps. Capital preservation is the top priority. Stay tuned for real-time updates.