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Market Observation | Next, continue to watch the support performance; if it breaks, take advantage of the trend, if it doesn't break, take partial profits and avoid fighting the trend.
Yesterday's strategy was perfectly realized, with Bitcoin dropping to 75,000 and ETH retesting 2,300, both reaching our expected target levels.
Previously, short positions were placed around Bitcoin 75,500 and ETH 2,360. After adding positions at higher levels, the average cost was 76,800/2,400. Currently, a full downward profit has been realized.
In the short term, support levels for Bitcoin at 75,000-74,500 and ETH at 2,350-2,330 are being tested. If they are effectively broken, the bearish space will further open.
The steady strategy remains unchanged; rebounds are still mainly short positions at high levels. Do not rush to bottom fish; patiently hold your positions and wait.