5.18 Market (BTC bears leading, ETH linked but weaker)

Bullish army this month has been on guard, finally a damn crash happened, all bears gather and charge forward, currently do not rush to buy the dip, beware of the whales shorting your position.
$BTC ‌ Viewpoint (Bears leading, short on rebound)

Key structure: hourly M-head + triangle breakdown, neckline and triangle lower boundary resonance breakdown, bearish trend confirmed.

Rebound trap: Previously fake breakout of the triangle and resistance at 78324, highest at 78586, but unable to stabilize, multiple retests of 78324 failed, returning inside the triangle and weakening.

Support broken: Support at 77379 broken, creating new lows; intraday pin bar indicates weak stop-loss, must regain above 77379 to be considered a valid stop-loss, strictly avoid blindly buying the dip.

Trend judgment: 78,000 completely broken, hourly bullish trend ends; before recovery, the market is dominated by bears.

Key price levels (support/resistance)

Upper resistance: 77430-78371-79233

Lower support: 76233-75239-74530

Trading strategy (mainly on the right side, with stop-loss)

Bull: Volume breakout above 77430, chase long on the right side; stabilize above 78371-79233, if unable to go higher, invalid.

Bear: Volume breakdown below 76497, rebound unable to recover, chase short on the right side; 4-hour breakdown below 76359, look at 75310-74530.

Risk control: Rebound fails to return above 77379, continue testing 76633 (double bottom); if broken, directly target new low at 76270.
$ETH ‌ Thinking (linked with BTC, weak oscillation)
Key price levels

Resistance: 2130-2169-2197-2200

Support: 2105-2057-2015-2009

Trading strategy (long and short, light positions on the left side)

Long: Second volume breakout above 2130, chase long on the right side; retest 2057 to confirm support, try a small long; break below 2015, stop-loss.

Short: Volume breakdown below 2105, chase short on the right side; around 2168, try a small short, break above 2200, stop-loss.

Left side pin bar: small long at 2009, stop-loss if break below 1972.
Summary

BTC: M-head + triangle breakdown = bearish trend, mainly short on rebounds, below 78,000 only short, no long.

ETH: linked but weaker, 2130/2105 as the dividing line between long and short, strictly with stop-loss.

Risk priority: no bottom fishing, no holding large positions, light trading, quick in and out. #SpaceX将上市估值或达2万亿美元