The most memorable thing here isn’t chasing a single candlestick—it’s the trading framework provided by $BTC Yinghong³³₇: there’s still a need for a pullback; around 76,000 is the lower edge of the current structure. If it can’t hold, then the price may accelerate and move toward the 72,900 area to seek the next layer of support. Conversely, to the upside you must first achieve an effective hold above 81,200–81,300; then only after clearing 82,100 and 82,500 can you talk about turning the rebound into a new upward leg.

@Yinghong³³₇ believes that what’s happening now is more like consolidation within a three-day level pullback, not a one-way window where you can casually chase or sell. He sees 76,000 as the first important confirmation level: if price keeps tugging above it, you can still handle it using a range approach. If the body effectively breaks below, then in the short term you shouldn’t keep telling yourself “it will bounce” as an excuse, and instead you should watch for faster downside.

The lower area should also not be understood as a line precisely mapped to the single-digit level. He considers around 72,900 as a location where structure support and the Fibonacci retracement corroborate each other; if the retracement continues further, the area around 70,200—69,300 is a deeper support zone. The corresponding execution is not a one-time effort to fill the position. His idea is to first observe how price is accepted around 72,900, then check whether the 69,600 and 69,300 area still holds. Only if the lower boundary is not broken does the rebound scenario have a foundation. If support fails, one should acknowledge that the original judgment no longer holds.

The logic for trades on the upside also emphasizes confirmation. Yinghong³³₇ believes that 81,200—81,300 is the threshold the rebound first needs to clear; only after it holds should you look at 82,100, and that further opens up the space around 82,500. If these levels can never be effectively broken through, the market is still just range-bound, and a high-side idea near the resistance zone actually offers a better risk-reward ratio. He specifically reminds that both resistance and support should be viewed as zones, not a “hit a certain number and you must place an order” button.

He treats multi-timeframe resonance as a filter: lower timeframes can help find entry points, but the direction must be confirmed back on the daily, the 3-day line, and the 12-hour structure. Indicators like MACD, in his view, are not reasons to place orders by themselves—they’re used to verify whether momentum aligns with price. Only if the 12-hour chart shows sufficiently strong upward momentum do you have better conditions to discuss a breakout of 82,500; without such confirmation, the need for a pullback cannot be ignored.

For $ETH, he reveals that earlier he held short positions around 2,604. His strategy still leans toward waiting for another round of expansion upward and then reassessing after a higher position forms before adding shorts. On the downside, he watches for a reaction around 2,003. His core is not to claim that price must necessarily fall, but to use “a high-level area appears, structure confirms, and risk is controllable” as the prerequisite for shorting—so as to avoid chasing the fluctuations and running after the move in the middle zone.

Trading discipline matters more than specific points: only trade patterns that you’re familiar with and that have already been confirmed. Before entering, calculate your expected profit, the loss you can bear, and your position size. If the risk-reward ratio is insufficient, don’t do it. Yinghong³³₇ also reminds that a system that works well for others may not suit you; copying someone else’s emotions ultimately often means you’re the one absorbing their risk.

If BTC can hold 76,000 and then sequentially recapture 81,300 and 82,100, the rebound will gradually gain conditions to continue. If 76,000 is lost, then you should put the 72,900 and the deeper 70,200—69,300 support zone on the table. The real question isn’t “Will the next candlestick go up or down?”—it’s whether, when price reaches your zone, you’re already prepared with a clearly defined invalidation level and a position plan.

The above is a summary of live-stream viewpoints and does not constitute investment advice. Market volatility is high—control your position size, set proper stop-losses, and bear your own gains and losses.