After the recent spike and pullback, BTC fell from 87000, briefly breaking below the 80000 level and reaching a low of around 79100. It dropped nearly 8000 points, liquidating quite a few long positions. As soon as it broke below 80000, everyone started waiting for 75000 to buy the dip. The market may not necessarily move the way everyone hopes.

Kids don't cry every day, and the market doesn't fall every day either. If you're holding a long position—whether you entered at 84500, 82000, or 80800—keep holding. The bulls can only be said to have counterattacked once the price rebounds and holds above 84500. Otherwise, it's just a rebound, sideways movement, or a shakeout!

The price is currently around 79800. Shorting here doesn't offer a good risk-reward ratio. If you don't have a long position, buy the dip here: go long in the 79800-790000 range. For the rebound, first look at 82000-84500-87000, followed by 90000-93000-96000.

If you don't have a long position in ETH, buy the dip around 2300. For the rebound, look at 2400-2500-2600, followed by 2700-3000-3300.

The above is solely my personal opinion. Investing involves risk; please exercise caution when entering the market! #BitMine增持10452枚ETH $BTC