The drastic pullback of Ethereum from 3400 to 2100 has left many feeling apprehensive. Market sentiment has cooled rapidly, with whales liquidating and institutions retreating—yet opportunities often brew quietly at such times. I am Jiali, facing the volatility with you at Binance Square, seeking the rhythm.
1. Bottom-fishing funds have quietly entered the market.
The Binance SAFU fund has initiated a $1 billion purchase plan, having completed $100 million so far, with the remaining portion to be gradually bought over the next 20 days. Such large-scale institutional funds entering the market typically provide a certain level of support and confidence. Will $BTC be able to rebound from this? The key lies in whether it can hold critical positions.
2. Key positions and rebound strategies
Bitcoin around 75,000 is an important support area from previous periods; I have also reminded everyone to layout rebounds here recently. The current price has rebounded to above 77,000, with decent floating profits. If it continues to rise, consider taking profits in batches near 80,000, and even consider shorting combined with structural reversals. $ETH's trend still correlates with Bitcoin but is more volatile, needing stricter risk control settings.
3. The impact of external markets
Pressure from the US stock market correction is becoming evident, and precious metals have already adjusted first. If US stocks continue to weaken, funds may slow down their outflow from the crypto market in the short term, even bringing localized relief. However, as long as Bitcoin does not fall below 74,000, this rebound structure remains valid. Even if it breaks, the stop-loss range is controllable, and the risk-reward ratio is still appropriate.
4. Long-term trends require caution
In the medium term, macro pressures have not dissipated: the demand for corrections in US stocks is accumulating, and there is no hope for interest rate cuts in the coming months; overall market liquidity remains tight. The mid-term bottom area for Bitcoin may be in the 50,000-60,000 range. If stabilization signals appear at that time, it will be an important opportunity for layout this year.
5. Maintain rhythm amidst volatility
Recently, I led everyone to layout short positions in the top area, holding all the way to this deep adjustment, with substantial gains over two weeks. The market is never short of opportunities; what is lacking is rhythm and discipline. Continuously rolling the snowball, controlling positions, and retaining principal is essential to go further in the future bull market.
Market fluctuations are like tides; some see fear, while others see opportunity. Calm analysis and strict execution are required; we are not only aiming to survive the bear market but also to meet the next peak with composure.
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I am Jiali, recording thoughts in Binance Square, not constituting investment advice.
The market has risks; decisions must be made cautiously, let’s move forward rationally together.