$ETH ‌$SOL ‌

Analysis of the broad market plunge: drivers of the selloff + practical strategies right now—explained in one article

1. First, break down the core triggers behind this round of collective selloff: renewed tensions between the U.S. and Iran have escalated into conflict, international crude oil prices have surged sharply, and this directly drags U.S. stocks and the cryptocurrency market down across the board. However, this time we have no need to panic; we had already completed “selling the top” and taking profits early at high levels. Many people are now most concerned about this: can you enter the market to buy the dip right now?

2. The conclusion is clear: you can buy the dip in batches. Previously, we fully exited at the ETH 1830 and SOL 83 levels. In theory, as long as the market retraces back below the sell prices, buying back lower can create profit opportunities, but you must not enter blindly when buying the dip. The logic is consistent with our earlier decisive exit at resistance levels: when buying the dip, you should also wait for key support levels before planning your entries. Below are the two major coins’ core support zones:

3. ETH layout strategy: key support ranges are 1720 and 1660. For spot, you can gradually build positions in batches above the support area. For futures traders, once price touches support, you can go lightly long to capture a rebound. Previously, the 1720 support already produced a rebound; for this second round of attempts, do not use heavy leverage in futures contracts—geopolitical conflict has more variables and risk is elevated. 1660 is a strong support level; after it stabilizes, you can increase your position size.

4. SOL layout strategy: the core support ranges are around 76–77 and 72. For spot, we still use a batch low-buy approach. Previously, we not only cleared the position at the 83 high, but also set up shorts at the same time. This deep pullback is entirely within expectations. The market’s pace is smoother than we anticipated—giving us the perfect opportunity to buy back at lower levels!