Bitcoin and Ethereum are crashing rapidly; what position is more suitable for going long?

Bitcoin quickly fell back to around 82500 at around 12 AM today, with the price dropping to a low of around 78600 at around 2 AM, briefly forming a bottom for a rebound. Currently, the price has risen past 79000, attempting to break through the 80000 mark. It is evident that the current market shows a very strong bearish trend. I previously emphasized that a wave of waterfall selling would certainly come, and my strategic outlook from the end of last month has generally been bullish on the bearish trend. From the four-hour chart, the KDJ three lines have crossed downwards to form a death cross, and the MACD bearish energy has not yet been fully released. Therefore, in my view, the market will definitely experience another sharp dip before adjusting to the bullish side, maintaining a bottom range around 78800-78300 for choosing to go long. Ethereum broke below the 1800 mark yesterday afternoon and has been in a downward trend since then. The price also experienced a waterfall-like decline in the early morning, with bearish energy continuing to spread. The bottom support at the 1600 mark is currently holding up for a rebound. The same strategy applies: maintain the bottom support level to choose to go short. For market consultation, contact btc0297.

Bitcoin trading suggestion: Enter long positions around 78800-78300; target: 81500-81000; stop loss: 77800.

Ethereum trading suggestion: Enter long positions around 1600-1570; target: 1730-1680; stop loss: 1530.