Li Mingyang's Technical and Trend Analysis of the Hourly Chart on the Evening of 5.21

Starting from 23:00 on May 20, BTC/ETH showed a clear low-level rebound and surge pattern, with BTC rising from around 76,111 to a stage high of 78,194, and ETH from around 2,093 to a stage high of 2,156.79. Subsequently, both faced resistance and pulled back, currently entering a high-level pullback and oscillating downward phase. The candlestick bodies have shifted from bullish to bearish, with bearish momentum continuously releasing. The short-term downtrend is clear, and the market is in a consolidation phase after a surge.

Upper resistance: BTC: 77,894, 77,700 ETH: 2,146, 2,139

Lower support: BTC: 76,995, 76,696 ETH: 2,114, 2,104

BTC Long Position Plan
Entry reference: When the price pulls back to stabilize in the 76,700-76,800 range and shows signs of stopping the decline, consider entering a long position with a small amount
Stop-loss reference: Set stop-loss below 76,600; if broken, abandon the long position idea
Take-profit reference: First target at 77,300; if the rebound weakens, exit; if a strong rebound occurs, consider exiting near 77,700

Short Position Plan
Entry reference: When the price approaches the 77,700-77,800 range and faces resistance, showing signs of pulling back, consider entering a short position with a small amount
Stop-loss reference: Set stop-loss above 77,950; if broken, abandon the short position idea
Take-profit reference: First target at 77,000; if weakness persists, exit near 76,700

ETH Long Position Plan
Entry reference: When the price pulls back to stabilize in the 2,105-2,110 range and shows signs of stopping the decline, consider entering a long position with a small amount
Stop-loss reference: Set stop-loss below 2,100; if broken, abandon the long position idea
Take-profit reference: First target at 2,130; if the rebound weakens, exit; if a strong rebound occurs, consider exiting near 2,145

Short Position Plan
Entry reference: When the price approaches the 2,135-2,140 range and faces resistance, showing signs of pulling back, consider entering a short position with a small amount
Stop-loss reference: Set stop-loss above 2,150; if broken, abandon the short position idea
Take-profit reference: First target at 2,120; if weakness persists, exit near 2,105

‼️Personal opinion, for reference only. The crypto market is highly volatile. Please strictly control your position size and implement proper risk management.
Li Mingyang's Technical and Trend Analysis of the Hourly Chart on the Evening of 5.21

Starting from 23:00 on May 20, BTC/ETH showed a clear low-level rebound and surge pattern, with BTC rising from around 76,111 to a stage high of 78,194, and ETH from around 2,093 to a stage high of 2,156.79. Subsequently, both faced resistance and pulled back, currently entering a high-level pullback and oscillating downward phase. The candlestick bodies have shifted from bullish to bearish, with bearish momentum continuously releasing. The short-term downtrend is clear, and the market is in a consolidation phase after a surge.

Upper resistance: BTC: 77,894, 77,700 ETH: 2,146, 2,139

Lower support: BTC: 76,995, 76,696 ETH: 2,114, 2,104

BTC Long Position Plan
Entry reference: When the price pulls back to stabilize in the 76,700-76,800 range and shows signs of stopping the decline, consider entering a long position with a small amount
Stop-loss reference: Set stop-loss below 76,600; if broken, abandon the long position idea
Take-profit reference: First target at 77,300; if the rebound weakens, exit; if a strong rebound occurs, consider exiting near 77,700

Short Position Plan
Entry reference: When the price approaches the 77,700-77,800 range and faces resistance, showing signs of pulling back, consider entering a short position with a small amount
Stop-loss reference: Set stop-loss above 77,950; if broken, abandon the short position idea
Take-profit reference: First target at 77,000; if weakness persists, exit near 76,700

ETH Long Position Plan
Entry reference: When the price pulls back to stabilize in the 2,105-2,110 range and shows signs of stopping the decline, consider entering a long position with a small amount
Stop-loss reference: Set stop-loss below 2,100; if broken, abandon the long position idea
Take-profit reference: First target at 2,130; if the rebound weakens, exit; if a strong rebound occurs, consider exiting near 2,145

Short Position Plan
Entry reference: When the price approaches the 2,135-2,140 range and faces resistance, showing signs of pulling back, consider entering a short position with a small amount
Stop-loss reference: Set stop-loss above 2,150; if broken, abandon the short position idea
Take-profit reference: First target at 2,120; if weakness persists, exit near 2,105

‼️Personal opinion, for reference only. The crypto market is highly volatile. Please strictly control your position size and implement proper risk management.
$BTC