The market is truly inscrutable right now; when you want it to rise, it just sits still; when you want it to fall, it doesn't fall smoothly. Prices seem trapped around $30,000, fluctuating back and forth, leaving people dizzy.

Yesterday we mentioned that after the third wave of decline, wait for a box fluctuation of 4-12 hours; the fourth wave of decline is a great buying opportunity, and a rebound can see $95,000. But if $95,000 can't hold, then it's back to square one. This rapid decline is actually a big washout before the market closes, like making some noise before a change in the market to mislead people into thinking a big trend is coming. Friends trading perpetual contracts should be careful; better to miss out than to make a mistake!

So, is this correction over? To be honest, I'm not sure!

But one thing is certain, if there is a fifth wave of correction, we will continue to buy. Because this short-term fifth wave decline, once it rebounds, can have great power, with a potential rise of $5,000 to $8,000! Especially since it started dropping from $99,900, if it truly forms a stair-step pattern in one hour, then the bottom of the fifth wave should be around $90,500. If it doesn't accelerate down but spirals down, then the rebound can at least reach $93,500!

Now, let's talk about Ethereum. Its trend is quite different from BTC, with rapid fluctuations and large amplitudes. At the $3,300 level, it held firm for 3.5 days. Even when BTC dropped to a new low of $9,200, Ethereum remained stable at $3,300. Why? It had dropped too sharply a few days ago and is currently in a recovery phase. Retail investors are looking to buy Ethereum around $3,000, hoping to get a bargain, but of course, someone has to be willing to sell!

Let's talk about how to buy spot or contracts. For BTC spot players, considering buying 30% of the position at $92,000 is reasonable. If there's a chance to drop below $90,000 and reach the next box bottom around $87,500, then hurry to increase your position! By the time it hits $85,000, you can basically go all in. Even if it drops to $79,000, don't be afraid; just like the previous $49,000, a breach will lead to a rebound, and it can rise at least $5,000!

For day traders in contracts, continue to buy around $91,500, add another position at $90,500, and escape at $90,000, with at least $3,000 to $5,000 in profits waiting for us!

Bull market strategy layout, spotting opportunities in the spot market, entry points for contracts, uncovering false information to discover the real market. I am Brother Pao, and you are welcome to join!
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