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There isn't much market activity over the weekend, it's slightly bearish, but it's not suitable for shorting at the current position. BTC 69600-68800 is a low position for ultra-short-term, and only 10% of the position can be used to gradually buy in. If you want to short, the lowest point should be at Rebound70550 or higher for a safer entry. Last night, after rebounding to 71650, it pulled back to around 68800, with a drop of 2850 and a recovery of 1750 points, which is a normal range. Today is the weekend, and only about 1080 points were recovered, so we need to wait for the opening of the US stock market next Monday to start Fluctuation and wait for opportunities for short and long positions.
eth is overall weak, this coin has been basically useless since it fell below 2800 in August. The chance of success in shorting at high levels is much greater than going long, because as long as you have a slightly higher position, the average price rises, it's easy to get trapped. Currently, its support is hanging by a thread at 2460, which was the highest point for the whole year last year, and also the starting point for attacking 3-4k after breaking through in the first quarter of this year. It's the dividing line between the bear and bull markets. ETH has been hovering around this position for a long time. As long as it falls below 2460 with strength, 2800 will be the ceiling for eth in the medium term, and the support will need to move below 2380. Next week, we need to follow its gains and losses. Currently, in the short term, the resistance is 2560-2580, and the support is 2466-2444. As for the weekend, below 2496 is a low position and should not be chased. The lowest point to wait for is a rebound to 2536-2560 to short.
SOL has been supported around 164.50 in the past 2 days, and there is another opportunity to buy low at 165.50-163.25, with resistance at 169. After dropping below 160, it may recover near 158. This area is a strong support for SOL. As long as it does not effectively break through, you should not chase short positions, but buy on dips. It is closely linked to BTC, and most of the time, when BTC is strong, SOL is also strong. There is a pattern that whenever BTC's pump is approaching its end, SOL will turn first, and then BTC will turn. It can be said that BTC follows SOL in its decline. When SOL turns first on the daily candlestick, it can be used as a reference indicator for short-term bearishness on BTC. And whenever BTC's adjustment is nearing its end, SOL will also rebound ahead of time. This is a personal summary.