Don't chase the rise at high levels, beware of sharp pullbacks, high-level plunge!

This is the strategy I emphasized to everyone this morning. Zhong Liang never denies that if the market continues to rise on low positions, it indeed makes a lot of money and feels great, but it is definitely not about chasing the top.
Chasing the rise at the peak can easily lead to buying at the ceiling...

Long-term has its own way of playing, short-term has its own approach.
Last week, Bitcoin was in a swing short position, with participation around 76,000 and 78,000, basically a week of being trapped.
Ethereum was mainly shorting around 2,350 and 2,400, short-term profits are possible, but the gains are not big.
Last week's volatility was not large, with continuous oscillations and sideways movement at high levels!

They say the wider the horizontal, the longer the vertical.
This week is the time to break the deadlock.
This morning, short positions were entered at 79,000. Continue to hold if already in, and watch for support at 77,000 below.
For those wanting to go long at lower levels, focus on the 76,000 support.
If the pullback does not break here, then consider going long on the dip.

For Ethereum shorting around 2,390, the lowest market pullback has already reached around 2,320.
A 70-point pullback, taking 50 points profit easily, can continue to aim for around 2,280.
If the pullback does not break support at 2,250, then consider going long here to catch the rebound.