Yueying: 5.19 Bitcoin & Ethereum Market Analysis Today — Consecutive Bearish Declines, Bulls’ Last Stubborn Resistance; Latest Strategies Attached

I’m Zhou Yueying. If you like my articles, please give them a follow, and let’s look at today’s update!

**Bitcoin Technical Analysis——**

In the Bitcoin daily chart, the previous candle was suppressed by the 7-day moving average and closed downward. During the day, the market opened and continued to oscillate lower, testing the lower-band support. The Bollinger Bands have flattened; the short-term moving averages have turned downward. The MACD fast and slow lines extend downward, and the histogram increases with volume expansion. The KDJ is running downward—watch the support near the 0 level. The VR indicator is consolidating around 130. On the four-hour chart, price action oscillates downward, but the rebound strength is relatively weak. It is currently trading around the lower band. The Bollinger Bands open downward; the short-term moving averages move downward. The MACD fast and slow lines extend downward, with volume expanding. The KDJ turns downward—pay attention to the support near the 0 level. The VR indicator is consolidating around 50. Overall, the market is seeing consecutive bearish candles and falling; short-term support has broken. The market is about to test the key 75,000 area. Although smaller supports are failing one after another, the support around 75,000 can still be tried. Therefore, for the short term, keep looking for buys on dips and rebound adjustments. Short-term view/recommendation: ;

**Bitcoin short-term suggestion:** 75,600 long (if the strategy is activated and it’s in profit, take the trade at your own discretion)

**Ethereum Technical Analysis——**

In the Ethereum four-hour chart, the candlesticks are being resisted around the 7-day moving average and have closed downward. It is currently testing support at the lower band. The overall technical outlook can be referenced in line with Bitcoin’s analysis. For resistance in the short term, watch the 2,280 area. For support in the short term, watch the 2,050 area. Short-term suggestion: ;

**Ethereum short-term suggestion:** 2,088 long (if the strategy is activated and it’s in profit, take the trade at your own discretion)

—— I’m Zhou Yueying, a teacher focused on technical analysis. If you have any questions about trading or if you think the trend has issues, feel free to communicate and learn with me! Let’s exchange insights together and profit together! #加密市场下跌15万人爆仓 #穆巴达拉BTCETF增至6.6亿 $BTC