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1️⃣BTC will continue to fluctuate within a wide range, with resistance at 77,000, strong resistance at 78,000, support at 75,000, and strong support at 74,500 in the lower range.
2️⃣The trading strategy mainly involves shorting at high levels, entering two levels of short positions, with a stop loss set at 78,800.
3️⃣By the end of May, the market lacked upward momentum, and the overall bearish trend remains unchanged, relying on range-bound selling.
4️⃣ETH's performance is significantly weaker than BTC, suffering from capital outflows, and the bear market decline will be even greater.
5️⃣Ethereum's one-hour chart shows an M-top pattern, with limited rebound space; 2060 is the rebound high point, and short-term trading can focus on the 2000 level for long positions, but the overall trend remains to go short on high positions.