Bitcoin, ETH Short-Term Market Review and Follow-Up Low-Level Positioning Strategy

Looking back at yesterday’s market, Bitcoin and ETH precisely matched our multi-order layout thinking, and the long positions successfully ushered in a rally. Friends who followed the layout all steadily captured a wave, and the rhythm was perfectly on point!

Currently, the overall market has entered a stage of consolidation, pullback, and repair. A small pullback in the short term is a normal adjustment during an uptrend, not a reversal and weakening. Since the market’s prior adjustment, I have repeatedly emphasized that the strength of support below is extremely strong. The bottom range is firmly established, and there has been no sign of any breakdown or a false “bear” signal. So this round of pullback is the best second opportunity to get in. Going long at low levels in line with the trend is clear in its logic and has a high probability of success!

In the recent period, most retail investors have fallen into a misconception. When they see the earlier market pullback, they subjectively predict that the market will continue to plunge and plunge further. But market movements will never follow the crowd’s thinking. Ideal bearish expectations ultimately cannot defeat the actual order-book structure. The earlier drop in Bitcoin below the 60,000 level was entirely caused by a short-term emotional sell-off triggered by sudden news, rather than a reversal of the market trend.

After the impact of the news faded, over the past few days the overall market has consistently been consolidating and stabilizing around the 60,000 level, repeatedly probing the bottom support. Multiple pullbacks failed to continue downward, which fully shows that the current bottom support is solid and effective, bearish momentum has been exhausted, and the downside room is extremely limited. Judging from the overall market action, the market is still the main trend of consolidation with a bullish bias. Pullbacks are opportunities to go long—following the trend is far more stable than going against the trend and guessing shorts by intuition!

Today’s price reference:

Bitcoin: Entry price: around 58300, scale in and go long
Short-term target: 60500-61500 range; if it breaks through, you can continue to look for an extension of the rebound

Ethereum: Entry price: around 1560, go long with a low-level layout
Short-term target: 1650-1680 resistance range

The overall trading approach remains unchanged. Firmly go long at low levels by relying on support, do not participate in short-term disorderly oscillations, and do not blindly guess shorts—just ride the trend to secure steady rebound profits! $ETH $BTC #0成本拿2股SK海力士