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Market Trend Analysis: $BTC (2026-05-14)
Daily level is smoothly declining, funding rates have turned positive, and the bulls are continuously increasing during the pullback (which is a good thing), currently the bulls are paying funding fees to the bears.
Technically, 78,300 is the first support level of this decline, and around 75,000 below is also the last support of this rebound. Only if 75 breaks will the decline truly begin; currently, it is in the retracement stage.
The high-altitude shorting opportunity is just above the 78,300 rebound, with the stop-loss placed near the previous high (around 82,400).