68000 Arrived as Expected, Future Market Operation Strategy
🌸 The big coin was perfectly grasped, breaking below 65000 yesterday for a rebound, intraday support near 66600 for adding positions looking to attack the 68000 resistance level. Currently, the daily line closes with a bullish candle forming a reverse engulfing pattern, with bulls strongly dominating. The 4-hour level saw a pin bar in the morning session, indicating a small level of consolidation is needed today. If bulls remain strong, it will maintain operation above 67800-68000, with support at 67300 below. As long as it can stay above today, the market is still expected to continue rising, with the upper turning points at 69500/70500.
🌸 Ethereum also rebounded to the target of 2550-2570 as expected during the night, with short-term liquidity being dominated by SOL showing relatively weak performance. Focus on the support at 2510-2530 to maintain operation above today, and watch the resistance level at 2580-2600 in the future. It must break through and stabilize for the bulls to continue their actions.
🌸 Spot Strategy:
1: After reducing positions at high levels, those who have recently added positions again in the past two days should defend with part of the mobile positions at 67000, looking up to targets of 69500/70500.
2: Those who have not reduced their positions should look up to resistance levels of 69500/70500. If it breaks through, continue holding. If the market rebounds and does not break, profits can be taken to reduce positions.
3: For those doing swing trading with Ethereum, if they reduced positions at high levels last night, they can defend at 2490 if 2510-2530 does not break this morning. The short-term target looks at 2580-2600, continue holding if it breaks through, and reduce if it does not break.