5.18 Evening Market Analysis:



Overall market sentiment remains weak, continuing a downward trend. A short-selling approach should be prioritized. Enter positions in batches strictly based on rebound levels, and do not blindly chase shorts.

Intraday conditions stay weak throughout. Prices have been continuously falling deeply, and bullish upside momentum is seriously insufficient. The current price is stabilizing and consolidating around 77,000.

The big-picture trend is clearly bearish. In terms of execution, focus on trading in line with the trend, and under no circumstances aggressively chase into short positions. The short-term downside has already been relatively sufficient. The market will most likely see a technical rebound and corrective recovery. You can look to place short orders at rebound highs.

Trading Suggestions

- BTC: If it rebounds to around 78,000, continue to watch for a short, with targets at 76,000-76,500

- ETH: If it rebounds to the 2,160-2,200 range, continue to watch for a short, with targets at 2,120-2,060
BTC-2.03%
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BrotherChuan'sEncryptionDiary
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