Thursday Morning Strategy

Market Review

BTC fell from a high of 71,999 at midnight, rebounding to around 71,300 after touching a low of 70,531, with a total fluctuation of about 1,500 points throughout the day. ETH weakened in sync, and after a slight correction, it still operates weak overall.

Core Judgment: The rebound strength is limited, and the selling pressure above is obvious. It is not advisable to chase long positions in the short term; continue to think in the direction of shorting during the rebound.

Operation Plan

BTC: Short in the range of 71,500—72,000, targeting around 70,000

ETH: Short in the range of 2,170—2,200, targeting 2,150—2,130

Core Principle: Do not chase after rising prices; wait for the rebound to reach the pressure zone before laying out strategies, and operate in the direction of the trend for more stability. $ETH #币安人生