⏰ Morning Market Update (5.14) Huang Mao has already landed in China last night. Currently: BTC: around 79,500 ETH: around 2,265. After that wave of retracement last night, it’s clear that: market sentiment is starting to cool down. Especially after BTC dropped back below 80,000, many short-term bulls have become cautious. Because the 80,000 level has always been considered a: “psychological defense line” by the market. Now that it’s falling back, it indicates that the selling pressure above is actually heavier than expected. — ETH is a bit weaker here. 2,265 is close to the previous short-term support zone. And you’ll notice: recently, ETH’s rebounds have been gradually decreasing in height. This shows that the market is more: 📉 a corrective rebound rather than 📈 a true main upward wave—currently.

The most obvious problem in the entire market is: trading volume is starting to shrink. ⚠️ Especially during the Asian session, funds are clearly more cautious. Many are waiting to see: whether tonight’s European and American markets will give a new direction. — Today, I will focus on a few key levels: 【BTC】📍 79,200 - 79,400, which is currently a critical short-term support. As long as it can hold here, there’s still a chance to retake: 80,000 → 80,500. — But if: 📉 BTC breaks below 79,000, market sentiment could weaken further. At that point: 78,800 and even 78,000 could be retested. — 📍 80,000 - 80,300 is the main resistance zone. This level has shifted from: support to resistance. So if there’s a rebound here but with no volume, I would be more cautious. — 【ETH】📍 around 2,250 is the most critical support today. As long as it doesn’t break down with volume, ETH still has a chance to recover. — 📍 2,285 - 2,300 is the main resistance area. If the rebound reaches here, the key is: whether there is genuine volume. Otherwise, it’s easy to see a quick push up and then a sharp pullback. — My current approach is actually more: “defensive first.” 🤣 Because recently, the market has started to feel: the high-level sentiment is retreating. The most dangerous part of this kind of market is: 📈 one bullish candle making you think it’s safe, only for the next to start shaking out. So lately, I prefer: 🟢 small positions 🟢 not chasing the rally 🟢 waiting for key levels to confirm. After all, survival in this kind of market is more important than anything.