#美股大跌 $BTC $ETH Don't bottom fish, leave the bottom for others to fish.

To go long, one must wait for the market to completely reverse and rise unilaterally.

Otherwise, the profit of the long position will retreat. If you don't stop loss, you will be trapped and then lose.

For rebound positions in long trades, once entered, get out quickly.

Bitcoin strategy:

Short term long, long term short. Quick entry and exit for long positions, while short positions can be held for a while.

The 1-hour, 4-hour, daily, 3-day, 5-day, and weekly charts do not look good.

The position on the monthly chart still needs to watch the 72,000 to 73,000 level. If this level does not break, it is a normal monthly pullback. Pay close attention; monthly pullback, monthly pullback, monthly pullback.

Next, focus on this area for long positions.

If it breaks 72,000, then it's an infinite bear market.

For retail investors, there is actually no bull or bear market; bull and bear markets are not important. What matters is whether you can make money. There are plenty of people who make money in bear markets and lose money in bull markets. The opposite is also true.

I still have a little faith in the final position of the long position at 72,000, but I am uncertain about how the market will move.

Institutions must enter the market; currently, retail investors are bottom fishing. Can they wash out the market makers?

As for Ethereum:

1,800 is a key position, where last year's rally started, jumping to 2,300 and then to 4,000.

It has already broken below that, and it is likely to crash once. No amount of margin for long positions will be sufficient.

Do not bottom fish Ethereum; let the main forces do the bottom fishing. If it breaks 3,000, one can only go long in a unilateral trend.

The entry timing for long positions is during the bottom formation. I need to see the process of forming a bottom, a complete bottom formation, referencing last year's six-fold bottom.

Before forming a bottom, all rallies are false.

Ethereum has not formed a bottom, while Bitcoin seems to be forming a bottom; let's wait for the signal!