The short position has been accurately managed, brothers

Has this wave of bulls peaked at $BTC ?

Yesterday, BTC did not reach the extreme position of 96500, which means we can continue to hold. Today, the overall market fluctuated at a high level, retraced down to test support, and then rebounded. The US stock market opened with mixed results, and the recent correlation between the cryptocurrency market and the stock market has decreased. Additionally, the continuous net inflow of over 900 million dollars into ETFs over the past two days is data that only appears in a bull market. Overall, the bullish trend is continuing, but in the short term, it leans more towards a correction. The 4-hour moving average is pressing down, and the MACD has a death cross, but the downward pressure is not strong. One can consider entering a position near 93500, and adding to the position around 84200 to defend the previous high. Another scenario is breaking through the previous high to reach the strong resistance level of 96500 that we mentioned, creating a false breakout and quickly reversing, showing a divergence signal. Choose one of the two short positions to enter. There is minor support near 91000; reduce short positions here, with key support in the range of 88500—88000 at the upper edge of the fluctuation range.

For Ethereum's low long strategy, find the key position; it has already made a profit of 40 points. It was precisely positioned near the needle above, looking at around 1780. For short positions, refer to the BTC position, and also stop loss once it breaks the previous high.

SOL has been the first to rise strongly in this wave and has caught a good opportunity, but the magnitude of this rise is not very large. It faced resistance near 152 and retraced. Overall, it is attacking along the trend line, but with the market trending downwards, it is unlikely to have an independent trend. Try to take a shot at the retracement position near 143.5 with a small defense.

This kind of market is actually the hardest to operate in. Everyone must manage their risk well, use small stop losses to aim for high returns, and avoid holding onto losing positions.