In the afternoon, use a long-term (or “buy”) strategy to cut at the 1050-point level; in the morning, it was just looking at the “tube,” but both the review materials and the live stream have already broken down the trend very clearly. For the big coin, the high point at 772, where it broke downward with increased volume early Wednesday morning, is the resistance/pressure. The low point at 749 is support. On Wednesday, it tested support below but did not break it; on Thursday, it tested the high but also did not break it. These two days have been ranging in that zone. So when price reaches the resistance area, it can be “followed/entered” (i.e., the corresponding trade). If it doesn’t break, then it will return to the lower end of the range at 749, so you can cut a large position in the “buy-side” approach. If it breaks 772, the downside/upside (whichever direction 772 represents) will only move a little—not much. At the same time, explain clearly that whichever side breaks will continue strongly in that direction. This method is called “small buy (or cut) to gamble big buy (or cut).”

Therefore, around 770 in the morning, the “buy” is possible. But once it breaks 772, then you must sell/cut—this was emphasized multiple times in the live stream: once 772 breaks, you chase the trade toward 783–786. And not keep stubbornly holding on (硬抗). There’s no point fighting when you could turn the situation around and come out ahead; stubbornly holding only makes you sink deeper… For those who like to “hold through losses,” on the one hand there’s a lucky/hopeful mindset, on the other hand they lack sufficient understanding, and thirdly they can’t accept a “stop-loss” (getting cut). Only after it hurts and you realize the loss will you regret it—but by then it’s too late. So as long as support hasn’t broken, you can wait. Once the level breaks, then cut what needs to be cut; and if it reverses, then reverse accordingly. $BTC
$ETH
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