This options expiry day may see a sudden spike (“needle”). Once the spike appears, enter the market immediately. Emphasize the defensive thinking for picking longs at the lows: “defense” varies from person to person, and depends on your own liquidation price—whether it’s above or below.

For example, if someone’s ETH liquidation is below 900, then the long entries at 1468–1444 don’t need to stop out; you can even add to the position, because going long at new lows is the safest. Here, the “defense” is at most like a T—meaning if it goes above 1400, you reduce by at most 5% at 1400, and then add back at 1388–1372. If the liquidation is above 1300, then the “defense” is a stop loss.

The way to catch longs also differs. With longs, liquidation isn’t absolutely safe—if you place pending orders, you should use a light-position pending order plus real-time adds, which is the most reliable. For small-capital accounts looking for stability, you don’t even need to place pending orders; just wait until the needle comes out, then catch the low point in real time, because once the needle appears, it rebounds upward right away.

Then next week is about repair, and July will be a recovery from oversold conditions.