If you consider the correlation with the US Nasdaq, then the Nasdaq has already boosted and rebounded;

If you consider crude oil staying high, which has caused a sharp reduction in liquidity, then crude oil prices will fall in the short term.

Spot gold and silver are also moving sideways; there has been no major pullback, and the rebound is showing signs of stabilizing and trending upward.

The crypto market has moved out of a downtrend—if you’re wrong, you have to admit it; if you get hit, stand up straight. Before the US market session, the long positions were stopped out;

From a technical perspective, the key support level under the daily chart’s “big cake” is 78,000, and the strong support for the “second cake” at 2,230 is being approached without end.

The “big cake” at 78,700 has already touched the early-month start point; the “second cake” is also bottoming around 2,200. I still recommend trying to go long;

Suggested “big cake” current price: go long around 78,850, add on at 78,350, use a unified protection level at 77,800, with targets at 79,850--80,500;

Suggested “second cake” current price: go long around 2,240, add on at 2,210, use a unified protection level at 2,190, with targets at 2,280--2,300.