Crypto Market Analysis — May 24 Short Bias (7) vs Long Bias (3) Strategy: Wait for confirmation to continue shorting 1. Key support levels for BTC & ETH BTC Short Entry: around 77,500 Stop Loss: 77,910 Take Profit: 74,500 ETH Short Entry: around 2,150 Stop Loss: 2,160 Take Profit: 2,020 2. ETH & BTC saw a sudden strong rally Sunday night, likely a trap for high-leverage shorts. The sharp drop followed by a violent bounce triggered buying pressure, forcing many overleveraged shorts to liquidate or get stopped out. Price then eased slightly, forming what looks like a potential double bottom pattern. After such a fast move down and up, the market is now choosing its next direction. Market Outlook — Standard shift between long and short Short setup: Price continues to break below the 1-hour close under 76,000, retesting the lower box boundary twice, confirming the downtrend. Long setup: Price breaks and holds above the 1-hour close at 77,910, clearing the box top. If the uptrend continues, wait for the next move before considering shorts again. If you found this useful, hit like and follow Qiang All views are personal opinions only. Not financial advice. Always DYOR.