$ETH ‌$SOL ‌

Comprehensive Market Crash Analysis: Causes of the Decline + Practical Trading Strategies, Explained Clearly

1. First, let's break down the core triggers for this collective sharp decline: Rising tensions and escalating conflict in the US-Iran situation have driven international crude oil prices sharply higher, directly dragging down the US stock market and the cryptocurrency market simultaneously. However, there is no need to worry about this drop at all—we had already taken profits at the top well in advance. Many are now most concerned: Can we enter and buy the dip in the current market?

2. The conclusion is clear: You can accumulate positions in batches. Previously, we exited all positions at ETH 1830 and SOL 83. Theoretically, as long as the price falls below our sell points, there is room for profit when buying back on pullbacks. However, buying the dip must not be done blindly. Consistent with the logic of decisively selling near resistance levels, bottom-fishing also requires waiting for key support levels before positioning. Below are the core support ranges for the two major cryptocurrencies:

3. ETH Strategy: Key support ranges are 1720 and 1660. Spot traders can gradually build positions above the support levels; contract traders can open light long positions when the price touches support to catch a rebound. The 1720 support has already triggered a rebound once. For this second attempt in contracts, do not use heavy positions—geopolitical uncertainties create higher risks. 1660 is a strong support level; once it stabilizes, you can increase position size.

4. SOL Strategy: Core support ranges are around 76-77 and 72. Spot traders should continue to buy on dips in batches. We not only cleared our positions at the high of 83 but also set up short positions. This deep pullback is entirely within expectations, and the smooth trajectory has exceeded expectations, giving us the perfect opportunity to buy back at lower levels!