BTC already talked about this a couple of days ago: the strength of the decline has started to slow down. Last night it dipped again and pushed another low, but at the moment the probability of directly breaking below the previous low in the short term still seems low.
More than anything, what we should watch now is range-bound movement. In the short run, there’s still a chance of an upside push. After that, the market may test the prior low again. So don’t panic at this point. You can keep your core holdings. For the rest of your position, if you get a chance, do high-sell low-buy, trading back and forth.
ETH is still clearly stronger than BTC. Its trend is also more resilient, with less downside pressure. Keep your core holdings there as well. If it returns to around 1850, you can consider adding more.
US stocks were really wild last night—the Nasdaq surged all the way to around 30,100. There is definitely some short-term pressure here. Next, the key focus is whether a pullback will happen.
The overall approach remains the same: don’t chase US stocks at highs. Wait for a pullback, then look to go long. For something like SNDK, which already broke out earlier, if there’s a pullback later, you can still look for opportunities to buy the dip.
Right now, it’s just one sentence: in crypto, keep core holdings and do high-sell low-buy; in US stocks, wait for a pullback to go long, and be patient for opportunities. $BTC $ETH $SNDK