Happy weekend, brothers! After a day of decline yesterday, the Bitcoin has directly reached the bottom near the previous daily level range and started to consolidate. The weekend is expected to have little fluctuation, and it is anticipated that the consolidation will continue for the next couple of days. The longer this bottom consolidation lasts, the greater the probability of a small rebound.

Last night, aggressive long positions hit the stop loss at the previous low for Bitcoin, but Ethereum did not hit the stop loss at the previous low. For those holding positions, make sure your stop losses are in place. Given the significant drop, calling for shorts at the current price is not appropriate; it’s better to go long and hope for a bottom rebound, since the stop loss at the previous low is relatively small. Shorting is only worth it at least at the white line position!

Last night's levels can continue to be referenced. For those worried about further declines, Bitcoin 625-63 and around 60,000 are two positions where you can prepare to place small, staggered long orders in advance. For Ethereum, levels 1910-1810-1740 should also be prepared in advance; these are all significant levels, and they are also positions where you can add to your holdings if you are stuck in high-level light positions!

Bitcoin 605 and Ethereum 1750 can both enter with 30% of your position. Regardless of whether it's a contract long or spot, you can still capture the swings!