Has Bitcoin finished falling? Is it time for a rebound? Let's talk about my current operations. As shown in the figure, BTC is still in a downward channel, but it is getting closer to the bottom of the channel. The best long order point remains around 106,000, but before that, I decided to open a long order just above 108,000 to give it a try.

Because 108,000 is the previous bottom, this time it counts as a second bottom test. If it breaks down and recovers, it may be a false breakdown, so I can try to go long with a light position for a rebound. If the rebound approaches 110,000, I will reduce my position and continue to observe whether the descending channel breaks through. If it doesn't break through, it may still go down, and I might consider going short. If you want to be more conservative, you can avoid the long order at 108,000 and go long near the stronger support at 106,000 to have a greater opportunity.

Ethereum has rebounded even more significantly. I see many friends have bought ETH, congratulations to you. We shorted ETH at 4600, and then warned about the fall when it broke the trend line yesterday. Now that I think about it, we have all exited BTC, ETH, and SOL at their peaks, so there is no panic about the current decline. We have ample bullets and can operate again.
I specifically told everyone in the past few days not to chase the highs, as it will fall back down. So now we can enjoy the fruits of victory again. I hope everything goes smoothly with the long order for BTC, and Shu Qin also wishes everyone a happy weekend. Let's keep it up together!