Saturday Recap and 5.24 Thought Sharing

$BTC Market Review: Early morning, the price was high at 76,800 and kept declining to around 75,100, then oscillated above 75,100 for adjustment. In the afternoon, the bears re-emerged and pushed down to 74,200, then rebounded to stabilize around 74,700. In the evening, it surged to around 75,600. Overall, the volatility was quite large, with the bears holding the advantage during the daytime.
$ETH Layout Review: On Friday, we already indicated that if the market breaks below 76,000, the decline would accelerate, reaching 75,000 or even 74,000. Our outlook was fulfilled as expected. On Friday afternoon, we set up a swing short at 77,300, and by Saturday morning, we took the profit, gaining 2,000 points of space. Both in the morning and at noon, we provided short-selling ideas, firmly targeting 74,000. In the morning, we set a short at 75,360, and in the afternoon, we exited at 74,360, capturing 1,000 points. At noon, we entered a short on Ethereum at 2,070 and exited at 2,010, gaining 60 points. Also at noon, we entered a Bitcoin short at 75,600 and exited at 74,400, gaining 1,200 points. Honestly, I really can't understand this kind of obvious market. I repeatedly remind everyone, emphasizing the bearish direction, with target points directly at 74,000, explaining the methods, rhythm, support, and resistance clearly. Yet, many still stubbornly hold against the trend, not only getting trapped at high levels with no way out but even getting wiped out in a wave of liquidation.

The four-hour timeframe has established a clear bearish pattern. After a rally, the price faced resistance and moved down in a stepwise manner. All rebounds during this process showed weakness, typical of a downtrend continuation pattern. The current slight rebound has not changed the overall downward structure, and the key resistance zone above remains solid. The one-hour cycle experienced a sharp decline followed by a clear technical rebound, but the upward momentum of the bulls is severely lacking. The rebound is limited, mainly a sentiment correction after a big drop. The resistance levels above are clear, and the bulls find it hard to sustain their efforts. The subsequent market is likely to face resistance and fall again after encountering obstacles in the rebound.

Sunday early morning Bitcoin trading advice: Short around 75,500-76,000, target 74,000
Ethereum trading advice: Short around 2,060-2,080, target 2,010