Tonight's live broadcast will share suggestions with fans.
1. The US stock market is facing resistance and starting to pull back, which is likely a retracement before another rise. BTC is correlated with the US stock market and is also following this trend downwards.
2. BTC's long-term cycle has already formed a bullish pattern, and future pullbacks should focus on going long. From the weekly chart perspective, normal pullbacks will have support around 89,000, with extreme spikes around 86,000.
At the four-hour level, a significant drop is occurring; as long as it effectively breaks below 83,500, it will drop to around 82,000. During tonight's live broadcast, I will suggest shorting around 84,300, with a stop-loss near 85,500. Short-term profit-taking around 82,000, while the broader pattern targets around 89,000.
In my personal view, BTC is currently around 95,600, moving sideways with significant selling pressure above, and if it can't break through after a prolonged attack, it is likely to drop before rising again.
I suggest those who opened shorts around 88,000 to secure their capital. Let’s not focus on making profits for now, just preserve our positions.
2. For ETH, at the weekly level, there is actually capital entering the market for bottom fishing; for spot trading, I suggest adding in batches at 1,650-1,550-1,450. For futures, consider shorting at 1,850; it might be feasible, but many feel the risks are significant, so consider shorting again at 1,950 later.
3. For SOL, I suggest shorting around 150 today. From its pattern, SOL appears to be in a retracement trend; consider shorting on any rebounds. For profit-taking, around 145 is suggested, and for spot trading, consider adding in batches around 125.
4. For SUI, looking at the pattern, it has once again started an upward trend. Once this asset begins to reverse and rise, it usually lasts for several months, so I do not recommend shorting this in the future; focus on going long on retracements. Currently, for spot trading, consider adding in batches at 2.8-2.5.
5. I actually hope for a 5,000 point crash in BTC; it's tough for everyone who is stuck, and many ask me about it daily. I share the same anxiety as everyone else.
6. A fan mentioned that making contracts should not involve being too rigid, greedy, or holding onto losing positions; getting trapped is almost certain death. $BTC
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