5.14 Thursday midday market analysis. After the daily close was completed yesterday morning, the coin price rebounded and broke above the 81,200 level, forming a strong resistance level on the daily chart. During the day, after the coin price consolidated around the 81,000 level, it began to decline. In the evening, the coin price fell to the 78,700 level at its lowest. After midnight, the coin price rebounded and repaired, and it is currently trading around the 79,500 level.

From the hourly chart, the big coin has been falling from 81,200 all the way down. Six consecutive bearish candles formed on the hourly chart, completing a break of the bottom and reaching 78,700. As the lows continue to move lower, the bears have already completed a new breakthrough, and short-term support at the bottom is around the 78,500 level. The current bearish structure has been fully opened. On the daily chart, there is still a need for further downside. In terms of trading, it is enough to follow and stay with shorts on the high side.
BTC trading suggestion: Short around 80,000, take profit at 78,600-77,500, stop loss at 80,800. ETH trading suggestion: Short around 2,280, take profit at 2,240-2,200, stop loss at 2,320.
Ethereum: Short around 2,260, looking at 2100$BTC