• Waiting for key positions: Don’t enter the market blindly at present. You need to wait for Bitcoin to reach 97,300 and Ethereum to reach the key positions of 3,670 and 3,720, and then decide according to the situation.

• Short position situation: At the current small level, the frequency of short selling by leeks is high, and the entry rate is 7 times that of longs. A wave of shorts needs to be cleared.

• Reference to past ups and downs: Taking the 21-year 64,000-69,000 process of Bitcoin as an example, during this period, there were frequent callbacks of 20-30% to clear longs. During the rise, the short-selling profit range was large, emphasizing the key position of the callback.

• Ethereum expectations: It is believed that Ethereum will collapse this time. The goal is to catch the fatal high point of leeks. The high point should be a long chase, with a high entry rate and a bullish point on the market, such as a key position on the trend line.