Bitcoin BTC



1. Currently around 76,800, rebound with no volume, weakness confirmed, the phased rebound has ended and the downtrend resumes

2. Support: 75,500, strong defense at 74,900; Resistance: 77,000-77,800, strong resistance at 78,000

3. Trading strategy: Buy low around 75,500 with a stop loss at 74,900; mainly short at the high of 77,900-78,000 during rebounds

4. Market forecast: Continuing to decline in late May, difficult to regain an upward trend in the short term, mainly weak oscillation within a range

Ethereum ETH

1. Weaker than BTC, daily candles showing continuous decline, current price 2,126

2. Support at 1,950, not bottoming out for now

3. Entry: Long positions in the 2,000-2,030 range, observe the current market

Altcoins

1. DOGE: Four-hour double top indicates a decline, with ongoing risk of further breakdown

2. SOL: Brief stabilization near $80, no high-quality opportunities, can look for short positions around $77 to break downward

3. As the market weakens, most altcoins will continue to decline further
BTC-0.27%
ETH-1.25%
DOGE0.12%
SOL-1.18%
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StayCalmBeforeTheMarketOpens,
· 05-19 12:04
Steadfast HODL💎
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