5.14 Evening Mu Feng Trading Recommendations

Reviewing the overall intraday market, although the coin price dipped low in the early morning and then slightly rebounded, the white session has remained within a narrow fluctuation range of 78,700–79,000. The bullish rebound momentum is very weak, with no strong upward attack energy, and the overall trend rhythm closely matches previous predictions.

The slow, slight upward climb in the white session is not a sign of a reversal or strengthening; it is merely a process of the bears consolidating power and shaking out. From a small cycle perspective, although the price temporarily broke above the middle Bollinger Band, the 4-hour larger cycle still runs close to the lower band. The small and large cycles have not formed bullish resonance, and the upward movement lacks sustainable support. Currently, the market remains in a weak adjustment cycle; once the adjustment is completed, a continued downward pressure from the bears is still the most probable trend.

Trading Recommendations
Bitcoin: Short positions in the 80,000–80,500 range, target 79,000, with a further downside to 78,000;
Ethereum: Short positions in the 2,270–2,280 range, first target 2,230, further downside to 2,200.