1.6BTC/ETH Market Perspective:

Bitcoin has rebounded strongly and forcefully tested the previous high of 94500, with the highest rebound reaching 94700 before pulling back. Currently, the price is oscillating around 93700. This week's strategy remains unchanged - primarily focusing on low long positions to watch for rebounds. The 94500 level will be tested for breakout again today. As a recent high point, this is where the bears hold their conviction and defense, and where many high short positions entered. The low long competition here will inevitably be fierce, while it's also where many bulls take profit, so pullbacks are normal. Repeated oscillations around this level are also normal - everyone must have their own judgment! Yesterday wanted to catch low long positions but didn't get the opportunity to enter. Fortunately, Ethereum gave us an entry opportunity at 3140, as mentioned in last night's livestream. Continue looking upward as planned, reduce positions and set breakeven stops!

Bitcoin daily chart shows 5 consecutive positive candles forming a rounded bottom. Currently, this appears to be only a rebound and is not sufficient to form a reversal. The major trend still favors shorts. Those without short positions can wait patiently or participate in some low long positions. Those holding losing short positions must manage position sizes and watch for liquidation risks. MACD bullish energy continues to expand, MA5 accelerates upward, and price remains within the upper band of Bollinger Bands. There's a need for pullback intraday, but don't consider shorting. Trading strategy focuses on low longs.

On the 4-hour and hourly levels, indicators clearly show pullback demand, but the price reluctantly declines - this has the flavor of a short squeeze. MACD bullish energy shrinks, KDJ three lines converge with a dead cross pointing downward, RSI turns down from overbought highs. Watch support levels at 92700, 91700, and 90700. Set up low long ambushes around these positions. Watch resistance levels at 93500, 94500, and 95500.

Ethereum daily chart similarly shows 5 consecutive positive candles. Intraday strategy matches Bitcoin - primarily low longs. Watch support levels at 3180, 3140, and 3100. Use these positions as reference entry points for low longs. Watch resistance levels at 3230, 3300, and 3350.

Success lies in mindset, failure lies in temperament. The beauty of trading is in the experience, the essence of trading is in waiting. Experts don't succeed through frequent trades accumulating small gains, but rather by targeting opportunities for a decisive strike. Most people focus on every profit, only rare few accept losses most of the time - once they catch a big move, they reverse everything. $BTC