🔥5.16 Evening — Early Morning Market Analysis

News Summary
Overall market sentiment is bearish, bulls are struggling to advance, multiple attempts to test high levels are met with resistance and pullback, large long positions are being liquidated across the network, bearish sentiment is rising, external dollar strength is suppressing prices, positive news has been priced in advance, short-term momentum for strong upward movement is lacking, the evening trend mainly shows weak oscillation, with a high probability of bottoming out and stabilizing in the early morning with slight rebounds.
Real-time Current Price
BTC: 78,800 ETH: 2,215
📉BTC Trend & Trading Levels
Resistance zone 79,300-79,600, strong resistance 79,800-80,100, support zone 78,200-78,000, strong support 77,300-77,000
Short position setup 79,300-79,600, entry short, stop loss 80,100, target above: 78,500 → 77,800 → 77,300
Low-level long positions (stabilizing in early morning) 77,000-77,300, stabilize and go long, stop loss 76,600, target below: 78,000-78,500
📉ETH Trend & Trading Levels
Linked with Bitcoin weakening, rebound strength is very weak, resistance: 2,230-2,250, support: 2,180-2,150, bottom line 2,100-2,130
Short positions 2,230-2,250, enter with stop loss 2,280, targets above: 2,180 → 2,150 → 2,120
Long positions 2,100-2,130, stabilize and buy on dips, stop loss 2,070, targets below: 2,180-2,220
Evening to early morning trend rhythm
19:00-23:00 Weak oscillation and decline, rebounds face resistance and fall, 00:00-03:00 Market accelerates bottoming out, testing strong support at lows, 03:00-05:00 Bottoming ends with slight rebound, range consolidation
⚠Practical Risk Control Reminder
Mainly bearish in the evening, prioritize shorting on rebounds, avoid blindly chasing longs
Operate with light positions throughout, strictly control leverage on contracts
All orders must have stop losses, do not hold through losses or add to positions against the trend
Market volatility increases in the early morning, trade cautiously and maintain a steady approach
‍#币圈晚间行情 #合约精准点位 $ETH
‍$BTC $GT