79,000 has broken down, and the short-term bearish momentum has strengthened. Next, 78,000 is the key strong support level; as long as it holds, it is expected to maintain a high-level consolidation pattern again. This wave of correction seems fierce, but the overall long-term daily bullish pattern has not been completely broken, just a normal short-term correction, so there's no need to panic excessively. The 4-hour chart is also showing a clear weak downward trend, with lows continuously moving lower, and the bears firmly controlling the rhythm. The rebound has little strength. The resistance at 81,500 is tightly stuck above, and it’s unlikely to break through in the short term. Focus on the 80,000 resistance level for now; if it cannot break through, it will continue to grind lower. After a sharp decline, the 1-hour chart shows oversold sideways consolidation, with no momentum for a rebound, only waiting and grinding at low levels for direction. It’s very difficult to see a strong rally in the short term. The key resistance levels to watch today are 80,000 and 80,500; support levels are 78,000 and 77,000. Currently, it’s about long-term support building and short-term shakeouts. Do not blindly short if support isn’t broken, nor chase longs if resistance isn’t hit. Staying within the range and patiently riding the short-term fluctuations is also a good approach.

May 14 Bitcoin Trading Strategy:
1. Short at 80,500-79,700, stop-loss above 81,300, target 78,700-78,000, continue downward toward around 77,000
2. Long at 78,000-78,700, reserve room to add near 77,000, stop-loss 800 points, target 80,000-80,700
Zhou Yanling’s ETH Strategy for May 14:
1. Short at 2,300-2,270, stop-loss above 2,330, target around 2,220, continue to break down toward around 2,170
2. Long at 2,220-2,250, reserve room to add near 2,170, stop-loss 30 points, target 2,280-2,310