May 22nd, Friday, Zhongling's Morning BTC/ETH Market Update



From midnight to morning, the overall market volatility was limited, and the trend continued to oscillate within the previous range, with a rhythm similar to yesterday. After multiple attempts to push higher and then retreat, the market rebounded again. In the early hours, the price tested the 78,000 level again, and in the morning, it entered a correction phase after another rise and fall.

From the market trend, the short-term momentum for a technical rebound is present, and the price is likely to test the key resistance zone upward. However, after confirming the strength of this rebound, the overall trend is still expected to revert to a downward rhythm, and the bearish trend has not changed. In terms of trading strategy, continue to maintain a high short position mindset.

Trading suggestions:
Bitcoin (BTC) in the 77,700-78,000 range for shorting, with an intraday target of 75,500!
Ethereum (ETH) in the 2,150-2,170 range for shorting, with an intraday target of 2,050.
$BTC $ETH $SOL #灰度购入超51万HYPE并质押 #Polymarket每日热点 #Gate广场披萨节 #普京访华 #RWA总市值突破650亿美元
BTC-0.26%
ETH-0.07%
SOL0.78%
HYPE3.49%
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