The current market has entered a critical window for a small-scale bottoming and rebound, and we can gradually position ourselves with short-term long positions to play the rebound.

For Ethereum (ETH), the first target of this rebound is around $2,140, with the maximum rebound height not exceeding $2,185. If the price cannot effectively hold above the key resistance level of $2,140, it is likely to retest lower levels, and the support at $2,060 may be difficult to defend. Everyone should prepare risk management strategies in advance. For those who have recently retested the key support zone, you can try a small position to play the rebound.

The same approach applies to Bitcoin (BTC), with a short-term long position around $75,100. The key observation point is whether it can break through the resistance at $77,150; if it cannot effectively surpass this level, the downtrend will continue.

I have already taken profits on my previous high-level short positions at the bottom area. After this rebound, we will re-enter with medium-term short positions. Currently, around $75,100 (BTC) and $2,060 (ETH) are the best zones to play a strong rebound, as there are still many unfinished sell-offs above. After the rebound ends, we will continue to firmly execute the medium-term strategy of shorting.