Although the price increase looks strong, the actual rise isn’t very large. In the industry, big KOLs and teachers all have the same line: next week will see a major drop. Nobody is bullish—everyone is shouting “sell,” but no one says where exactly it will fall. It’s all just trying to grab attention.

Everyone must set up proper stop-losses. This chart won’t drop and wipe out the shorts completely—or force a full stop-loss and cut—otherwise it’s hard to get people scared into leaving. It’s another stretch of rising in the shadows while the trend is bearish. There’s no volume, but with this kind of price increase that doesn’t come with volume, don’t you think a pullback is overdue? If shorts still don’t fall, isn’t that dangerous? Especially because short squeezes keep showing up.

This game has already reached the point where it’s about to end. Next Monday, the direction will definitely become clear. Don’t rush into short right away, or if you do, keep the position size light. I’m betting that next Monday or Tuesday there will be a round of sharp selling, and then after it bottoms out, there will be a rebound—putting a complete stop to the decline.

In this area, a sideways range will form and likely last for 2 to 3 months. I expect today’s upside limit for Bitcoin to be in the 66,000 to 65,600 range. Ethereum is weak and doesn’t catch up—around 1,740. The catch-up rally would be around 1,814. Then watch the pullback: Bitcoin’s first support is around 64,500, and then you can enter long around 63,208. Because if it doesn’t break down below here, it will trigger another wave of upward movement.

For Ethereum, I expect strong resistance at 1,702—so you can take the pullback, eat it, and set a small stop-loss. If it breaks above 1,727, then short on the pullback around 1,700, aiming to continue the upward move in the game, with a deep pullback near 1,680.

For SOL, you can only be patient and wait to short around 70.5, with the extreme targets at 72.1 and 75.8. For buying on a pullback, look at the 66.3 platform. I don’t dare to chase.

That is to say, the rise so far isn’t much. I don’t dare to go heavy on shorts, because I’m afraid the “short squeeze” scenario will become reality and price will be pushed up again. If you get trapped and then it drops further, it will be very troublesome. It will drop—it’s just a matter of timing. The key is distance: if it spikes up with volume for a wave, then when it comes down again, it shouldn’t drop by a lot all at once.

There will definitely be a big move on Monday morning. Everyone should still enter large-position shorts from farther away, trying to catch the top. The current level has been grinding for several days—no drop, and the rise isn’t happening with volume. I’ll still choose to observe. If you enter long or short now, it’s basically a 50%–50% situation—just get through the weekend well. I’ll continue teaching at night. Subscribe to the live—see you tonight.