The big surge really was a bit beyond expectations. Although earlier I had already judged that over the next couple of days it would most likely pull up to this level, I didn’t expect it to shoot up like this in just one night. So what do we do at this point now? Let’s take a look at the big coin. After weeks of long bottoming and grinding, BTC has finally squeezed out this wave of momentum—which is also why I’ve been emphasizing going long on dips these past few days, because from the chart structure you can already see this upward force. Right here isn’t a good spot to chase. Wait for a small timeframe structural pullback; after the retracement to a relatively comfortable level, you can still look for longs. Because this momentum hasn’t fully played out yet, BTC and ETH will most likely continue to range and consolidate at higher levels afterward, and only after the consolidation is done will they choose the next direction. So today is simple: don’t chase. Wait for the pullback. Wait for a smaller timeframe structure to form, then jump in. As for the U.S. stocks, SNDK, MU, and SK Hynix all saw a drop yesterday. They’ve already reached the support area that we were watching earlier. Don’t rush to buy here first. Wait for a second test (a “second dip”). If the second test holds and doesn’t break the support, then consider taking longs. In crypto, wait for the pullback; in U.S. stocks, wait for the second test. Once the levels are given, then we go for it! $BTC $ETH $SNDK
BTC had a sharp rise last night. In the short term, there is still pressure. What’s needed here is minor-level consolidation, but it doesn’t change the main theme of buying on pullbacks. You can watch the support around 64,100. ETH is similar—there is support around 1,890. Same idea: buy on pullbacks. Regarding US stocks: I’ve been emphasizing that SNDK is on a four-hour pullback. It came down smoothly yesterday. The major support is at 1,510. There should be a rebound here; those who want to catch the rebound can enter here. Overall, Micron, SanDisk, and Hynix are all seeing four-hour pullbacks. If you’re going to buy, be patient and wait for a more certain opportunity $BTC $ETH $SNDK
On Monday, I woke up and checked the chart. After BTC surged higher last night, today it is going through a second dip. In the short term, the key support to watch is around 62,200. If it can hold here, there is still a chance for a rebound. There’s no need to rush into shorting; first, observe the strength of this second dip. ETH’s trend is still a bit stronger than BTC. If you currently hold long positions, you can consider adding around 1,850. If the price rebounds back toward last night’s high, you can trim some to take profit first and lock in gains. The US stock market is closed over the weekend. In this morning’s early session, it made a quick upward push, but overall, we still expect a pullback afterward. For SNDK, if you still have short positions, in the 1,580–1,490 range you can take profit in batches. The higher-timeframe trend is still bullish. If a pullback appears later, the approach should still be to gradually add longs on the dips. Don’t chase at the open on Monday. First, watch how strong the pullback is. Once it reaches the right level, then get in. $BTC $ETH $SNDK
The big pie (ETH) hasn’t really been moving much lately, and liquidity is also relatively poor—honestly, there’s not much drive to trade in this kind of market. For BTC, the current focus is still the support at 62,300. It’s expected there will be a little repair over the weekend, but you also shouldn’t be too optimistic here—still be on guard in case the “three-sell” signal keeps pushing price lower. On the chart, in the 63,000–63,500 area there are signs of a three-sell pullback. At that time, the key will be to watch the strength of this downside move—whether it continues the sell-off or pulls back and then rebounds again. So for now, don’t rush to chase. First, see whether 62,300 can hold, and wait for the market to give a clearer direction. As for the U.S. stock market: most of the mainstream products have already reached the high zone on the 4-hour timeframe. They’re still consolidating at high levels now, and most likely there will be a 4-hour level pullback later. But overall, the bullish structure hasn’t been broken for now. If it pulls back, that’s actually still an opportunity. After the 4-hour pullback and repair are finished, then look for longs again—there’s still a possibility of pushing to new highs later. Right now it’s basically: crypto—watch support; U.S. stocks—wait for the pullback. The less movement there is in the market, the more you can’t get impatient. $BTC $ETH $SNDK