May 19 Tuesday Afternoon Market Analysis

After spiking up to the high of 77,757.5 earlier, the price faced resistance and pulled back, currently breaking below the short-term 7-day moving average, trading below the middle band of the Bollinger Bands, while also being suppressed by the 30-day moving average.
Short-term bullish momentum has clearly weakened, and the market has entered a weak correction phase.
The Bollinger Bands are narrowing overall, with the upper band flattening and the lower band slightly downward, indicating a shrinking trading range.
In the short term, the market is mainly oscillating within a range, with no clear trend signal.
The short-term MA7 is turning downward, creating price resistance, while the medium-term MA30 is flat, and the bulls and bears are in a balanced struggle, with the overall market in a wide-range consolidation pattern.
MACD Momentum
DIF crosses below DEA, and the MACD green bars continue to expand, indicating that the bearish momentum is gradually releasing.
The short-term correction demand is clear, and bears are currently dominant.
BTC Trading Suggestions: Buy near 76,000, add positions around 75,300, take profit at 76,500-77,300, stop loss at 74,800.
ETH Trading Suggestions: Buy near 2,100, add positions around 2,050, take profit at 2,130-2,160, stop loss at 2,000.
Gradually enter positions with light holdings; no need for stop loss on small entries.
For medium to long-term, set stop loss below 1,900.
For profit-taking at high levels, consider shorting; no specific pattern needed, take profits whenever available.