Limit trading on contracts as much as possible or avoid it altogether.

1. The market has been in a range-bound fluctuation for the past two months, which is very unfriendly for trend traders. Unless you adjust to a range trading mode, trend trading will repeatedly hit stop-loss levels. BTC has a fluctuation space of 10,000 points between 72K and 62K.

2. There are very few opportunities for trend trading, even on the hourly chart level, unless there are trend trading opportunities on the 5-minute or even shorter time frames. This level of trend trading is equivalent to range fluctuations on the 4H and daily chart levels.

3. Bullish opportunities: Focus on HYPE, CRCL, and PAXG. On one hand, they have substantive breakthroughs; on the other hand, there has not yet been a daily trend increase after the breakout (except for PAXG). Therefore, a pullback is inevitable, and we need to wait for it to pull back.

4. Bearish opportunities: BTC and ETH are still trying to break through without success. This is quite tempting and frustrating; the market needs some time to develop. Currently, BTC and ETH are still in a bearish trend, so don't rush.

5. Where will the rebound occur? BTC and ETH may touch the 60 decision line. In past trends, they have frequently touched the decision line, corresponding to prices of 74K/2300U. However, be aware that it does not necessarily have to touch the decision line.

Operational advice: Look for bullish opportunities when PAXG pulls back to the lower boundary of the box at 5035. The short-term resistance for BTC is 71.7K. I think trading HYPE in spot is more stable; just buy if there is a sudden drop.