Song Xiqing: If this round of decline is far from over, where are the real opportunities hiding?



Judging by the current market, in the early morning I entered precisely at 65.6k–66.4k to open a long. Although the price first made a V-shaped rebound, it then quickly fell again. Currently, the price is trading around 64.5k, and my long position already has substantial returns.

In terms of strategy, continue holding the swing long. Add in batches when rebounds occur. Looking at the big cycle, my target is the 50k low. Logically, the Bank of Japan raising interest rates to 1% is in line with expectations. Based on historical patterns, there is usually a 20%-25% pullback. Therefore, the 50k low is not only my take-profit target for the long, but also the time when I start gradually accumulating and positioning for a bull market.

Operational suggestions:
BTC (Big Coin): Enter around 65.4k–66.4k on the rebound, look for a move toward 63.6 intraday, and target 50k long term.

ETH (Second Coin): Enter around 1780–1800 on the rebound, look for a move toward 1710 intraday, and target 1500 long term.

Reminder:
The above analysis is Song Xiqing’s personal analysis. The market can change in an instant, and this content is for reference only and does not constitute any investment advice!
$BTC $ETH $SPCX
BTC-2.94%
ETH-3.44%
SPCX-6.57%
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