$YGG Short positions are great, it's going down now, just hold onto your short positions to reap the benefits, this wave will rise as much as it falls.
$YGG Profit in hand, do not be greedy, decisively execute. Greedy profits will be given back, and there will be losses. If we don't sell this garbage, are we waiting to lose everything?
$YGG Long position stop loss, run fast, just build a short position. No matter how much it rises or falls, it's bearish, just hold this short position to make a profit.
$BTC The more it falls, the more positions are added; the more losses, the more it loses. The monthly line is in a downtrend, the weekly line is in a downtrend, and it hasn't hit the limit down yet. This support level of 60000 is the biggest signal, brewing the prelude.
The price of BTC holding above 60,000 is a strong support level. Sister Yun said she is firmly bullish. ETH completely follows BTC. If BTC is stable, ETH will also be stable.
The 60,000 level is not just casually mentioned; it is the core cost line for institutions entering this round and a key level that has been tested multiple times without breaking down, recognized in the market as an 'iron bottom.' As long as the price operates above 60,000, the buying power below is very sufficient, and the space for a significant drop is basically locked in. Even if there is a short-term fluctuation and adjustment, it will quickly be pulled back by funds.
From the market perspective, BTC's pullback near 60,000 is a buying opportunity. There is no need to fear minor fluctuations. ETH does not have an independent market; it completely links to Bitcoin's trend. If BTC stabilizes at 60,000 and rebounds, ETH will definitely rise in sync. The rhythm is completely consistent, and the operation should follow BTC's direction.
The bullish target is also very clear. In the short term, we first look for a rebound to the 68,000-70,000 range. After stabilizing at this position, there is hope for a continued push to new highs in the medium term. It is recommended to gradually allocate positions, entering lightly near 60,000, setting a small stop-loss, not chasing highs, and not heavily investing. The risk is completely controllable.
On a macro level, expectations for interest rate cuts, continuous inflows into ETFs, and other favorable factors are still in play, and the overall bullish trend in the market has not changed. In summary, it can be stated in one sentence: if the support at 60,000 does not break, both BTC and ETH can be firmly bullish. Hold onto your chips and wait for a rebound. If it breaks below 60,000, then temporarily observe; the thinking is simple and clear without unnecessary turmoil.