5.14 Thursday Morning Bitcoin and Ethereum Short-Term Strategy

The overall market maintained a volatile tug-of-war pattern overnight, with the US market weakening and pulling back last night. Early this morning, it quickly tested the 78,700 support level and then rebounded sharply to stabilize, followed by sideways consolidation around 79,300. This morning, the bulls attempted to push higher to test the 79,600 resistance but still failed to stabilize above it. Currently, the price has returned to the 79,300 range for consolidation.
There is no obvious change in market rhythm; after testing the bottom and rebounding, the upward momentum is relatively weak. The 80,000 level faces clear resistance, making a direct breakthrough in the short term difficult. The current sideways movement is a consolidation to shake out and digest selling pressure from above, preparing for the next phase; the daily bullish trend remains intact, and this retracement is just a normal technical adjustment, with the overall bullish structure unchanged.

The morning trading approach continues, primarily focusing on rebound recovery, with key support levels used for low-position long entries.
Entry reference
Bitcoin: 78,500–78,900 long positions, target at 81,500
Ethereum: 2,220–2,230 long positions, target at 2,330