I just took a look at the trends of the three major cryptocurrencies:
After a large bearish candlestick yesterday, today's decline has eased somewhat, but a clear bottoming structure has not yet formed. Currently, there is limited space for a direct rebound, and it is not advisable to rush into operations.
Two stable trading strategies:
1. Hourly chart forming a bottom: Focus on the current low point, wait for 3-5 days for a bottoming pattern to form, and then enter the market after the moving average system gradually crosses bullish, which makes the opportunity more certain.
2. Daily chart short-term rebound: Pay attention to the next 1-2 days. If a “4 days 3 bearish” trend occurs and the price approaches key support levels, one can speculate on a short-term rebound of 30%-50%.