To establish a foothold in the cryptocurrency world, strength, vision, and perspective are all essential!

Only a long-term approach can change a person. Currently, the market has reached this position, and in the rain, a brief discussion on the mid to long-term perspective. On the evening of May 8, BTC broke through the $100,000 mark and continued to rise, standing above $103,000, achieving five consecutive weekly gains. However, the most impressive performance came from Ethereum, which has been heavily criticized, surging over 20% in 24 hours, breaking through the $2,000 mark, and standing at $2,400.

The current market trend shows characteristics of short-term stagnation, with prices having touched previous key resistance levels. Considering that the continuous upward trend has lasted for a long time, and the upward momentum has significantly weakened at this stage, it is expected that bullish forces will soon enter a phase of adjustment. Coupled with major events such as interest rate hikes and tariff measures, technical indicators are also beginning to show signals of a short-term peak. In general, it is recommended to position long-term short positions in the 1040-1080 range (strict risk control! Operate with light positions!). Short-term traders can flexibly seize swing opportunities, with the long-term target first looking at the 980 support level. If it effectively breaks down, then further look towards the 935 level.