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May 18 Evening Bitcoin and Altcoin Trading Ideas and Operations
Core conclusion: Overall weakness with a bearish bias; focus mainly on selling at higher levels—don’t rush to bottom-fish.
Strategy: BTC’s current price is 76,800, and it is testing the key support at 76,000; if it breaks below, it will move to 75,000. ETH’s current price is 2,110 and it is leading the decline; if 2,080 can’t hold, it will go straight to 2,050. At the moment, the long side is in serious panic liquidation, so any rebound is a chance to short.
Trading suggestions: If BTC rebounds to 77,500, short directly; target 76,000; if it breaks through, look for 75,000. If ETH rebounds to 2,150, short directly; target 2,080; if it breaks through, look for 2,050. For all orders, place a 500-point stop loss uniformly, with position size at 1/10. #加密市场下跌15万人爆仓