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Qixi seems to have left many people unhappy—why the big surge?
Trump stated that the US would maintain its absolute leadership position in Bitcoin and crypto at a low level, which was interpreted as a positive policy signal
Expectations of US monetary easing have arrived; there is more money, and risk assets are rising across the board
Shorts are being liquidated en masse—the more prices rise, the more liquidations occur, with forced buying pushing prices higher
⭐⭐⭐⭐⭐A major pullback and shakeout could happen at any time; every trade must have a stop-loss
Focus on buying the dips; we cannot predict the market, so we can only manage positions and use stop-losses—never hold losing positions stubbornly
ETH resistance: 2280-2300
Strong resistance: 2330-2340
Support: 2190-2210
Strong support: 2140-2150
Prioritize long positions in the direction of the trend
Enter at 2140-2160 after stabilization and a halt in the decline, go long, stop-loss 2110, take-profit 2250-2280-2330
Do not chase highs
For short entries, wait for a spike and pullback signal in the 2290-2310 range before entering short
Stop-loss 2345, take-profit 2210-2150
BTC resistance: 70000-70070
Strong resistance: 71600
Support: 68200-68250
Strong support: 67000-67200
Go long after a pullback to 68100-68400 stabilizes and stops falling
Take-profit 69500-70000-71500
Stop-loss 67700
For shorts, look for resistance and a failure to rise in the 69900-70100 range
Stop-loss 70450
Take-profit 69000-68300