Monday afternoon, a quick review

That afternoon move, with the downward wick, and the Bitcoin and small-cap “bigger pie / smaller pie” short ideas provided earlier in the morning have already played out smoothly. The profits that should be taken have basically all been taken, and those who followed along naturally have it in mind.

From the current chart, there’s still no clear one-direction trend. The market remains mostly in a range-bound, oscillating rhythm—at this stage, don’t talk about “the bigger picture.” Short-term is more practical.

Next approach is also simple: first, watch the support below. For Bitcoin, pay attention to the 77,000 area; for Ethereum, focus on around 2,300. As long as these levels are not effectively broken to the downside, a pullback is an opportunity to go long.

For the upside, first look at Bitcoin’s 79,000-80,000 range; for Ethereum, look around 2,400-2,450. Once it gets there, don’t be greedy—taking profit is the key.
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