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Crypto Market Analysis – May 14
The correction isn’t over yet, but the dawn is just ahead. Here’s the game plan.
Strategy: Short bias active.
1. Key support levels for BTC and ETH:
BTC Short
Entry 1: 79,900
Entry 2: 80,100
Stop loss: 80,555
Take profit: 78,925
ETH Short
Entry: 2,273
Stop loss: 2,306
Take profit: 2,241
2. Market context: The US tech market opened under pressure yesterday, with some intraday bounces. BTC continues to show relative weakness. The flagship MSTR also dipped without signs of recovery. Yesterday’s call was mostly on point, though the early part wasn’t perfect.
BTC remains a short play. Place stop losses at the 4-hour bearish candle high. ETH follows a similar setup.
If this breakdown helps, hit like and follow for more.
All views are personal opinions only. Not financial advice. Always DYOR.
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