May 18 BTC Analysis

Short-term (4-hour timeframe):

77,500~78,000: Resistance zone above
76,800: First support
76,000: Strong support
Only after stabilizing above 78,500 can there be a chance to continue pushing above 80,000

Today's trend tendency:

More inclined toward sideways consolidation during the day
If it breaks below 76,800, a wave of accelerated decline toward 76,000 is likely
If it re-establishes above 77,500 with increased volume, the bears will be forced to cut losses, possibly rebounding to 78,200~78,800

Considering current market sentiment:

The Fed's rate cut expectations still influence risk markets
ETF funds remain bullish on BTC in the long term
But short-term funds show signs of taking profits at high levels, making the market prone to repeated dips

Today's bias:

Intraday: Slightly bearish sideways
Mid-term: Still maintaining a bullish structure

Trading ideas:

Aggressive:
Try short positions lightly around 77,500
Stop loss above 78,050
Target 76,800 → 76,200
Conservative:
Wait for stabilization around 76,000~76,500 before considering low buy-ins
If it directly breaks above 78,000 and stabilizes, then go long accordingly

Key point:
Today is more like a “sideways, slightly bearish shakeout day,” not a big drop day, but chasing longs carries higher risk.

⚡ Daily Market Analysis 📈, the author publishes short-term resistance and support levels daily. Since everyone's trading system and mindset are different, group members can reference these resistance/support levels, combined with real-time geopolitical and economic policies, to choose the method that suits them best for opening trades.