SOL always pulls back ahead of BTC; it is a barometer for predicting BTC's impending pullback. Similarly, SOL is also the first to complete its drop; as soon as it stops falling, it can predict that BTC is about to rise again.
During the recent pullbacks, SOL has truly gone through a complete large wave of corrections, as it precisely pulled back to 0.618 (without continuing to explore new lows, thus indicating this was the last drop in June, and the decline for this month has ended):
92.48*0.382 = 35.327
92.48*0.5 = 46.24
92.48*0.618 = 57.153
187.67-35.32 = 152.35
187.67-46.24 = 141.43
187.67-57.15 = 130.52 (strong support)
The bottom-buying position at 130.5 was mentioned three weeks in advance. At that time, some people were holding short positions at 175, and I said three weeks ago that if you have the courage, you can take profits at 130.5 for a big gain. My basis is the above formulas. In three weeks of back-and-forth fluctuations, it ultimately reached 130. This kind of position belongs to a medium-term trend position, which most people cannot hold.
Last Saturday, there was a precise rebound at 130.5, and the night before last, negative news intensified, breaking below 130 and hitting 125, which was a false break, quickly recovering. Therefore, under strong support, one should not chase shorts but wait to buy the dip. In the future, if it breaks below 125, the next levels to buy the dip would be 116 and 104.
ETH pulled back to 2112, and the large wave 3 just happened to reach the 0.50 position:
1495*0.382=571
1495*0.5 = 747.5
1495*0.618 = 923.91
2879-571 = 2,308
2879-747.5 = 2,131.5
2879-924 = 1,955
The bottom-buying position at 2132-2112 was mentioned many days in advance. In the future, when it breaks below 2100, the next level to buy the dip would be 1956. Of course, around 2000, there will be some fluctuations before breaking below.
BTC pulled back near 0.382, indicating that as the market leader, BTC's trend is the strongest:
37502*0.382 = 14,325.764
37502*0.5 = 18,751
37502*0.618 = 23,176.236
111959-14325 = 97,634
111959-18751 = 93,208
111959-23176 = 88,783
However, it actually only reached 98115, which is over 400 points lower than the calculated value. But looking ahead, if it comes down again, the above points will still be low buying points and bottom-buying points in the short to medium term.
If you find it too tiring to trade small waves back and forth, you just need to patiently wait to buy the dip at these major points. Sometimes, it is a hundred times stronger than your repeated struggles, and most importantly, it allows you to be relaxed. In the crypto circle, being diligent does not necessarily lead to wealth; the more of a model worker you are, the more likely you are to lose like a dog, because the more frequently you trade, the easier it is to make mistakes.