Last week, I posted three articles consecutively, discussing the decline of BTC, ETH, and SOL in the third wave (the pullback of the major wave 3). At that time, BTC had not yet dropped below 100,000, and this pullback of major wave 3 was my 'imaginary enemy.' As a result, it became effective last weekend when the conflict escalated, making this bottom-fishing quite comfortable and within expectations.

This week, the rise is driven by the rebound of major wave 4. Therefore, the resistance points on a short-term basis are all short-sell points. Don't overthink short-sell points; take a bite and then leave. Going long at lower levels is the main strategy.

The position of SOL at 147 is near the middle track of the weekly Bollinger Bands, which is a strong resistance point in the short term. Thus, it has not established a breakthrough after three tests within three days. However, once a strong breakthrough is established, the profit potential for long positions can increase by at least 15% upwards.

Although BTC has risen significantly this week, the rates are negative and it hasn't dropped. Retail investors keep shorting, while institutions continue to buy. The daily golden cross rebound is indeed strong. The upper level of 112,000 is the most important resistance point. Once it breaks and stabilizes, it can push up another 10,000 points. Therefore, on Sunday and Monday, whatever long positions are taken at the bottom should hold onto some. On the short-term pullback, add to the position and buy more. A trend change might occur in early July, but as long as the trend remains unchanged, the focus will still be on going long at lower levels. We can discuss it further then.