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The market is good today, and I’ve been trading spot and leading spot trades all day, taking a break from Shandi, which now has a meal of three dishes and one soup.
Now I’ll take some time to share the evening strategy for everyone to reference.
For ETH tonight, focus on the 1620–1608 range to place multiple buy orders,
defense at 1564$ETH .
For BTC, refer to the 60800–61400 range to place buy orders,
defense around 59800$BTC .
For Shandi, watch for buy orders near 1920,
defense about 50 points,
target first to see a rebound correction at 1980–2040$SNDK .
One point needs to be clarified:
If ETH’s physical price drops below 1600, it can be basically confirmed that this round of rebound structure has ended;
Similarly, if BTC drops below around 60600, it also means the short-term structure is broken.
Today, I actually made a sky-long position, and now that the price has returned to the key support point, continuing to chase short positions is not very meaningful.
This position is more of a wave dividing line; after finishing the short positions earlier, we are now entering a support battle phase.
But our approach to go long is essentially an attempt to rebound against the trend, so position control is necessary, and heavy positions are not allowed.
Those worried about counter-trend risks can choose to wait and see; market opportunities are always available, no rush at this stage.
In summary, the bearish trend has already completed a segment, and the downward movement gradually transitions into a support battle phase; if it breaks, look for continuation; if it doesn’t, expect a rebound.