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Ethereum is still relatively clear in the current 3160-3130 range for long positions. Regarding Bitcoin, the 9.1 level is likely to hold, and if it breaks below, focus on the support around 8.91. Conversely, looking at Ethereum, if it continues to decline, pay attention to the 3050-3060 line.
From a global perspective, the bullish pattern of this round of market movement has not truly ended; it's just that the main force has made a rather aggressive shakeout at this level. Shakeouts in the crypto market are often like this—strong in force and long in duration, easily scaring out retail investors. But as long as the core support isn't broken, the main idea remains. If Bitcoin breaks 9.1, you can hedge; similarly, if Ethereum breaks 3130, you can hedge as well. These two levels are clear risk points.
However, to be honest, the possibility of a breakdown today is not very high. So, the short-term strategy remains bullish, but the key is to manage your positions well. This is the most overlooked yet crucial aspect of trading. Whether it's active hedging or reducing leverage, don't hold heavy positions blindly—doing so is basically gambling with luck.
There's a phrase I want to share with everyone: you don't have unlimited bullets to try mistakes. If you really had that much capital to toss around, you wouldn't be trading crypto in the first place—wouldn't it be better to just enjoy life? Instead of going all-in for a gamble, it's better to use prudent capital management to achieve stable returns. Luck runs out, but patterns and risk control are always effective.
To sum up simply: the bullish trend hasn't changed, but be sure to watch out for shakeout risks; timely hedging, controlling leverage, and managing positions are more important than ever. Hope everyone can find their own rhythm in this round of market movement.