The pancake has just pulled back to the position of 69700, and there are signs of a rebound. There is a possibility of stabilizing here.
For spot trading, consider buying in batches. If the price falls further, you can continue to enter above 69000.
However, if it breaks below 68500, you should cut losses and look for new opportunities.
Under normal circumstances, the price should not fall below this level.
For contract trading, you can pay attention to the position of 70200 and consider establishing the first position here.
If the price drops to 69700, you can add positions near 69500, with a stop loss set around 68990, and the target can be above 72000.
As for Ethereum, if the price pulls back to 2510, consider establishing the first position, and when it drops to 2570, add another position, with a stop loss set at 2400, targeting above 2700.
The same strategy can be applied to spot trading.
