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Don’t randomly bottom-fish after a big drop! Today’s BTC/ETH plan
At the market open this morning, many people panicked again!
After a sharp sell-off yesterday, BTC and ETH are now in a weak, low-range consolidation throughout
The most common traps for many newcomers: after watching the price fall for a long time, they blindly bottom-fish, and once there’s a slight bounce they chase longs
Today I’ll explain the market logic in plain language:
Overall, the short-term is weak! Prioritize bouncing into high sell (short), don’t easily try to long!
Only if the pullback holds key support and stabilizes, then look for a lower-entry long—stay focused on “staying steady”!
No heavy-position gambling—use all light positions for quick, flexible arbitrage. Bring your stop-loss and take steady profits!
BTC today’s precise levels
⚠️ Bounce short (primary)
64500 - 64650, short directly under resistance
Stop-loss: above 65050
Take-profit: 63800, 63680
✅ Pullback to test long (conservative, back-up)
63600 - 63660, low-risk long after stabilization
Stop-loss: below 63300
Take-profit: 64200, 64550
ETH today’s precise levels
⚠️ Bounce short (primary)
1880 - 1890, short under resistance
Stop-loss: above 1912
Take-profit: 1850, 1845
✅ Pullback to test long (conservative, back-up)
1845 - 1850, test long after stabilization
Stop-loss: below 1828
Take-profit: 1875, 1888
Key risk-control reminders (must read)
In a downtrend, absolutely don’t blindly bottom-fish and catch a falling knife!
Today’s core play: bounce-to-sell is primary, low-level stabilization low longs are secondary
The trade that makes the most isn’t eating all the moves—it’s only trading the moves you can actually understand!
Every trade must use a stop-loss, strictly control position size, and refuse to get stuck deep!
Let’s interact:
Today, are you looking for a bullish bounce, or expecting it to keep weakening? Comment and discuss!