Code again for a whole night, feeling dizzy and exhausted. Just before sleeping, I took a look at the market, and by the time I got up, it was already afternoon. I’ll share this first to prevent friends from entering the wrong positions. The following are all 4-hour level charts; you can also draw one like this for reference in opening positions.

The measured horizontal line is 687, based on whether it can close above 687 once on the 4-hour line. If it continues to be suppressed by 687, and during a decline, if that diagonal line or 677 breaks down, and if the rebound is suppressed by the diagonal line, it can only go down. The two positions below are marked with red lines. You can wait around there.

If you reach 677 and want to go deep, move your stop loss to just below the previous low at 673-672, and wait for the big coin to close a line above 687 before changing to break-even loss.

If you haven't reached 677, and if it can close above 687 once on the 4-hour line, you can try placing your stop loss 0.5% below 687 and continue to bet on a long position, while paying attention to the breakout situation at 694 above. It’s normal if it doesn’t break through in one go, as long as it doesn't break 687 on the pullback, it’s fine. If the two 4-hour charts don’t surpass 694, and if the long position at 687 doesn’t move, you should also move your stop loss to break-even.

The market ahead will be quite challenging. Those without long positions below 654-661 and those without short positions above 735-729, it’s actually quite good not to participate. Being in cash at least means not losing money. If you must participate, remember to carry a stop loss and keep an eye on the market. Starting tomorrow, the speed of market movement will accelerate, and once trapped, it will be very uncomfortable.