5.22 Evening BTC/ETH 1-Hour Market Analysis and Long/Short Position Layout

Rally then pullback, high-level consolidation: A rapid surge occurred on the evening of May 21. BTC rose to a high of 78050, and ETH rose to a high of 2152.74, then entered a phase of high-level range-bound consolidation and pullback.

Current BTC price: 77385.9, with support at the 76966-77000 range; overhead resistance at the 77780-78050 range.
Current ETH price: 2129.67, with support at the 2113-2115 range; overhead resistance at the 2143-2153 range.

After the surge, a series of consecutive bearish candles led to a pullback, and short-term long momentum weakened. However, the support below has not been effectively broken. Overall, price is consolidating in a high-range, direction is temporarily unclear, and this is suitable for range trading.

🔵 Long position layout
1. First entry point (conservative): 77000-77100
Stop loss: 76700
Take profit target 1: 77700-77800
Take profit target 2: 78000-78050
2. Second entry point (aggressive): 76700-76800
Stop loss: 76400
Take profit target: 77300-77500

🔴 Short position layout
1. First entry point (conservative): 77700-77800
Stop loss: 78100
Take profit target 1: 77200-77300
Take profit target 2: 76900-77000

2. Second entry point (aggressive): 78000-78050
Stop loss: 78300
Take profit target: 77400-77500

🔵 Long position layout
1. First entry point (conservative): 2115-2120
Stop loss: 2105
Take profit target 1: 2140-2145
Take profit target 2: 2150-2153
2. Second entry point (aggressive): 2105-2110
Stop loss: 2095
Take profit target: 2125-2130

🔴 Short position layout
1. First entry point (conservative): 2140-2145
Stop loss: 2155
Take profit target 1: 2120-2125
Take profit target 2: 2110-2115
2. Second entry point (aggressive): 2150-2153
Stop loss: 2165
Take profit target: 2130-2135

Currently in a range-bound market, avoid chasing pumps and dumping into weakness. Prefer executing range trading strategies: buy low and sell high, and strictly set stop losses. If the price breaks above or below the range boundaries, you need to adjust the strategy promptly to avoid losses caused by misreading the direction. The points above are based on a static analysis of the current 1-hour K-line; market conditions change in real time, so dynamic adjustments are required.

Personal opinion only, for reference, and does not constitute investment advice. Trading digital currencies involves high risk—please proceed with caution. $BTC