Chu Yuechen: Bitcoin (ETH) Market Analysis and Trading Reference for May 19th

2026-05-19 03:00:21
Shareshare
Chu Yuechen: 5.19 Bitcoin/ETH Market Analysis and Trading Reference. Regarding contracts: In yesterday's article, I suggested shorting around 77500, which was reached last night, and those who entered should have made some profit. Looking at the trend, both the daily and 4-hour charts show the bears in control. Contract trading is about following the trend. Therefore, our strategy today remains the same: sell on rallies. For Bitcoin, consider shorting in the 77000-78000 range, with a stop-loss at 78600 and a target of 75000. If it breaks below, continue shorting; if it holds, wait for a rebound before entering short positions. In short, the strategy is primarily to sell on rallies. ETH follows the same strategy and operation as Bitcoin, with a reference point for shorting at 2130-2150, a stop-loss at 2200, and a target around 2050. Those who want to discuss trading strategies should send me a private message. I will provide timely entry and exit signals for those following my trades. Our principle is to obtain the maximum profit with the minimum cost. There are many opportunities every day; just seize them.
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