#BTC走势分析 A surge like a tide, true gold is revealed only when the tide recedes; a correction is like a wave, and true skill is shown by treading the waves! The major players' scythe never distinguishes between long and short, only harvesting the wavering hearts!

What has been happening these past two days?

The major players have been aggressively shorting those who chased the market a couple of days ago, basically flattening the 'air force'. Starting last night, they turned their guns and started targeting those who chased high to go long. Why? Because the increase was indeed too much (like Bitcoin going from over 60,000 to around 120,000), like a rubber band pulled too tight, it has to loosen up, and this is the 'demand for correction'.

What is the big direction?

Old Zhu's view: The big trend is still bullish! A correction is not the end of the world, but rather an opportunity for us to 'buy the dip'. You see, last night some brothers placed 'low long' orders at low positions, they probably made a profit, right? This is called 'go with the flow, a correction is a blessing'!

Bitcoin (BTC) key points:

Daily lifeline: 115,700! This is the most important support level recently.

If it doesn't break: In the short term (like a few hours or a couple of days) it can bounce back.

If it breaks: Old Zhu reminds: This round of rise is too fierce and hasn't really 'washed out' yet! If it truly breaks 115,700, the depth of the correction could be significant, with the first target at 112,000. If it can't hold, we need to pay attention around 105,000! (Example: Think of the correction in May, it didn't break key support and then shot back up).

Today's focus: 117,800! This is today's 'strength and weakness dividing line'.

Stabilizing above 117,800: Only then is there hope to continue pushing up! The target resistance levels are at 119,500 -> 120,800 -> 122,000.

If it can't rise above 117,800: It indicates that the rebound is weak, and we need to look for support below! Focus on whether these levels can hold: 115,800 -> 114,700 -> 112,000.

Ethereum (ETH) key points:

Today's strength line: 3,735! This is a key level on the 1-hour chart.

Stabilizing above 3,735: The short-term upward channel is considered opened, with upward pressure at 3,798 -> 3,855 -> 3,900.

If it can't rise above 3,735: It indicates that the rebound is weak, and it will likely drop! Support levels are at 3,650 -> 3,630 -> 3,535 (this level is quite critical).

SOL key points:

Strength and weakness boundary: 197.4!

Stabilizing above 197.4: There is a chance to continue reaching 200 -> 202 -> 205.

If it can't rise above 197.4: The rebound is weak, continue to seek support at 193 -> 189 -> 185.

Old Zhu's personal summary:

'Trend is king, don't fight the major players! A correction is not a bear market, it's an opportunity to switch vehicles!' The current market sentiment is like a rollercoaster, and the major players are utilizing this up and down to harvest profits. The big direction is bullish, but short-term volatility is intense, so don't blindly chase highs and cut losses! (Think about those who went all in on longs at the peak and panicked and cut losses at the lows, what a lesson!)

Strategy: Be patient and wait for the correction to key support levels (like Bitcoin around 115,700, Ethereum 3650/3535, SOL 189/185), combined with signs of stabilization, then consider 'low longs' for more safety. Chasing highs near resistance? The risk-reward ratio is not worth it!

Brothers, those low long orders at midnight, comment '1' if you made a profit, and those who got stopped out don't lose heart, share your entry points, and Old Zhu will help you review and find the reasons! Tonight, at which level are you preparing to 'ambush' the next wave? Let's see the true chapter in the comment section!

I am Old Zhu from the crypto circle, I only talk about the essentials, no fluff! Follow me, and let's catch big fish steadily in the storm.