Li Mingyang on Market Trends 5.15 Early Morning ETH and BTC Short Positions Perfectly Closed for Profit

BTC Trend and Short Position Thinking
Daily chart shows high-level resistance, with 81,500-81,700 as the current short-term strong resistance zone. Multiple attempts to break through have failed, bullish momentum is waning, and signs of stagnation are clear. Open short positions on the right side, do not guess the top, only confirm with a pullback.
First target: 80,800-80,500, realize the first wave of pullback profits, reduce position risk.
Second target: 80,000-79,800, test the key support below, complete the wave harvest.
Risk control baseline: Break above 81,900 with volume, invalidates the bearish logic, exit with unconditional stop-loss.
Defense plan: If pullback stabilizes at 79,800-79,500, try a small long position, stop-loss below 79,200, only a defensive move after the pullback.

ETH Trend and Short Position Thinking
Linked with Bitcoin, the trend is relatively weak, with selling pressure concentrated in the 2315-2330 range. Rebound and fall back, frequent long upper shadows, insufficient bullish support, bearish dominance. Follow the trend to short, do not fight against the trend, only seek trend-based opportunities.
First target: 2280-2270, lock in the first wave of pullback profits.
Second target: 2250-2240, test support below, complete the wave layout.
Risk control baseline: Break above 2340 with volume, abandon the short position idea, do not oppose the trend.
Defense plan: If pullback stabilizes at 2260-2250, try a small long, stop-loss below 2235, only an extreme pullback supplement operation.

The current market is in a high-level pressure stage with waning bullish momentum. Core strategy: trend-following short positions, partial profit-taking, prioritize risk control. Do not hold large positions, oppose the trend, or chase greed, only engage in certain wave trades.
Defensive long positions are only a contingency plan, do not change the core judgment of the current bearish dominance. $ETH