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Partners who are already caught up can partially reduce their positions near the target range, lock in most of the profits, and continue to hold the remaining core position, looking further ahead. Defensive stop-losses should be moved lower. The key is to steadily pocket profits; that is the way to succeed. Partners who haven't entered the market yet are strictly prohibited from blindly shorting at low levels. Wait for a slight rebound to repair the market, with the range of 79,500-79,800 still being the main idea for high shorting on rebounds. Do not go against the trend by catching the falling knives at the bottom.
Key levels:
Bitcoin short-term support: 78,500, strong support at 77,800
Rebound resistance: 79,800-80,200
Ethereum support: 2,200, resistance 2,270-2,290
The essence of trading is to follow the trend and switch flexibly.
During the day, go long on the trend and buy on the rise; at night, face pressure and switch to short to profit from the decline. Master both bullish and bearish cycles without stubbornness or pre-judgment—just follow the market. Only then can you sustain stable gains in this market.