Daily analysis (10.06 evening)

Summary:

1. The 4h level down from 66300 has not been completed, and the first 1h level up is currently running from 59800. After this up, there will be another 1h level down, at least a second test below 60000.

2. The probability of a direct V-reversal from here is relatively low. After this rebound is completed, it still needs to go down to around 58000, at least a second test around 60000.

3. I don’t think the liquidation of longs has been completed. Especially if this wave is the main uptrend, the liquidation of longs should not be so easy to end. There are no large numbers of bearish voices in my comment area, and the probability of a direct pull-up at this time is very low.

4. Since a narrow central axis was formed at 61600-62500 over the weekend, the current trend can be understood as a 5f level central axis leaving the pen, which is highly likely to be contrary to the actual direction of the market.

Operation:

1. Half of the short orders of $BTC should be closed at least at 59800 to protect the principal, and the rest should be sold at 58001.

2. Half of the short orders of $ETH should be closed at least at 2311 to protect the principal, and the rest should be sold at 2250.

3. $SOL does not participate in this round of 1H short short.

4. Long-term long orders should be arranged on the left side of PIX 58001, ETH 2250, and SOL 128, and the stop loss does not need to be set too high.