Bitcoin at 74,000 is not the end point. In the short term, be cautious of overleveraged short positions and exit promptly to avoid overexposure. This month, the strategy is primarily low buying with supplementary high selling, with an 8 to 2 ratio. Lock in the "top" of the rebound after the initial dip to 59,800. I believe the rebound "top" is around 83,300. Bulls should keep an eye on this. If the price surges above 80,000, be prepared to stop out.



Only when the price stabilizes above 83,300 can we confirm a preliminary trend reversal. Then, holding above 86,800 would be a secondary confirmation signal of trend reversal. This is a clear turning point for the overall direction. As long as the trend turns downward from here, a new downward wave will be very clear.

ETH's rebound top is between 2,550 and 2,626. Watch for resistance after the rise.

SOL's rebound top is between 104 and 106. Watch for resistance after the rise.

Can it push higher? Observe after reaching the next level.

Tonight, in the late hours, the Federal Reserve's Beige Book will be released, followed by the non-farm payroll report tomorrow. Do not chase longs above 72,000. If it retraces to between 71,400 and 70,850, it can be a good entry point. 69,000 has become a support level. The bulls' main defense zone has moved up from 65,000 to 69,000 over the past two days. The upward space has opened by 4,000 points; pushing further up by another 4,000 points to around 78,000, the main defense zone shifts up to 73,000. This is the short-term defensive strategy.

The smaller intermediate levels at 75,750 and 76,800 are not considered now. When the daily chart rebounds and upgrades to the 3- and 5-day moving averages, the upward momentum is stronger than at the 1- and 2-day averages. The target for long positions should only aim for larger levels.
ETH-4,52%
SOL-4,92%
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