Let's talk about the current market situation: BTC dropped to its lowest point of 100300 on June 5 after the feud between Trump and Musk, and after 5 days, it stretched to a maximum of 110700. Today, taking advantage of the Israeli conflict, it quickly dropped to 102600. From May 12 until today, it has been almost a month, oscillating between 100300 and 111900 for a full month. If the market makers take this opportunity to crash the price, it is actually irrelevant for long-term low-position buyers, but it is very uncomfortable for short-term traders.

The first chart shows the rebound pattern after BTC broke through the downward channel, rebounding to 110700. As long as BTC does not drop below the position of 101000, it can be regarded as a sideways market. If BTC drops below 101000 again, it can be seen as the beginning of a major correction.

ETH has retraced more than 200 points 26 times in the range of 2270-2879. In this kind of market, it is impossible to catch every point correctly, so from a trading perspective, a short-term strategy is actually a very unsuccessful strategy. This is also the reason why many people keep losing money. From an operational strategy perspective, you should at least hold 2-3 low-position long positions, so that holding low and trying to short at high positions is a good strategy.

The short-term resistance for BTC is 105500, and for ETH, it is 2550. Whether you are stuck in a position or want to open a trade, you can consider trying a short position here. After the US stock market opens at night, you may see a nice profit. The EMA30 moving average for BTC is 104800, the EMA60 moving average is 101350, and the EMA200 moving average is 92600. These points are all critical levels. If it drops below the EMA200, which is around 93000, it would indicate a bear market (the probability of this is extremely low). So what should we do at this time? It's still the same: if you have enough position, gradually buy at the above key points and wait for the bull market.