Market pullback has arrived! BTC and ETH are currently only for selling high and buying low

The market-wide pullback following the recent surge has now fully materialized. This rally accumulated substantial profit-taking pressure, and with concentrated selling pressure from high-level longs being released, the market is undergoing a healthy pullback and shakeout. This is not a weakening trend, but a routine shift in rhythm amid range-bound trading. There is no need to panic-sell or blindly chase longs.

Looking at the core market trend, Bitcoin came under pressure and pulled back after testing the highs, confirming a short-term correction rhythm of range-bound decline. Considering the strength of this pullback and the support structure, the core support for BTC in this round is locked in around 70000. This level is the previous dense support zone and a key defensive level for the current uptrend. A pullback to this area will attract substantial dip-buying funds, while bearish momentum will be largely exhausted, making it an excellent level for low-entry positioning.

Ethereum is moving in sync with the broader market, following Bitcoin in a linked pullback, with its overall volatility rhythm closely tracking that of major coins. After the sharp rise in the previous period, ETH has also entered a repair and correction phase. Core support is seen around 2000. This level has established a solid medium-term range bottom and offers extremely strong downside protection. Once the pullback reaches this area, the risk-reward ratio will be highly attractive, with no risk of a deep decline.

Many people lose money in range-bound markets, mainly because they get the rhythm wrong: chasing rallies at the top and cutting losses at the bottom. The market's overall major trend has not deteriorated; it has merely ended its short-term one-way rise and entered a range-bound shakeout cycle. In this kind of market, abandoning the practice of chasing rallies and selling into declines, while sticking to the core strategy of selling high and buying low, is the key to winning.

Here is a clear guide to practical execution:
In the short term, when a rebound lifts prices to the upper resistance level, decisively sell high in batches to take profits without becoming attached to one-way gains;
During a sustained pullback, when prices reach the key support levels we have identified (BTC70000, ETH2000), steadily buy in batches at low levels to position for a rebound.

At this stage, there are no opportunities for one-way surges or plunges; all opportunities are for range arbitrage. Stay calm, avoid frequent trading and oversized positions, and trade strictly based on support and resistance levels. In a range-bound market, steadily capturing swing profits is enough!

$BTC ‌$ETH ‌