A new week officially begins, and the market has experienced three and a half days of continuous sharp declines, basically returning to the starting point. Will there be a rebound this week?

Recently, the market can rise over ten thousand dollars in just four or five days, or fall nearly ten thousand dollars in three or four days. This is the current market situation. Every time you feel some liquidity returning, a different outcome always emerges. When you're ready to go all-in, you're often deeply trapped or forced to liquidate.
Changes happen quickly. Trading contracts without stop-losses and proper position control will almost certainly lead to liquidation. You must change the mindset of going all-in on the same day as before the New Year, because the market is changing even faster now. You still think about going all-in and then running away the same day, but if there's no opportunity to escape, you're only going to get hit passively!
Therefore, controlling your position is crucial. When the market direction is wrong, there's still a chance to correct it. If you're wrong and don't control your position, you'll only get liquidated passively.
Using a stop-loss is to cut losses before a breakout, not to hold on after a breakout and try to recover. Breakouts often mean a potential move of thousands or even tens of thousands of dollars. If you don't set a stop-loss in advance, a wrong move will definitely lead to liquidation!
For example, last Friday's order: BTC's initial position at 69,000 and the add-on at an average of 67,150, with an average cost of 68,075. Over the weekend, there was a chance to break even and exit, but if you didn't exit, the 67,150 add-on was sold. This morning, around 66,000, additional positions were added, lowering the average cost and still leaving an opportunity to exit. This is the benefit of good position control!
ETH's initial position was at 2047.5 or 2025-1980. Below 2000, there's no need to say more. Over the weekend, there was a chance to break even and exit. For positions above 2000, add-on at 1915. After hitting, the highest average was 1981.25. Stay patient, continue executing stop-losses, and avoid triggering them. The trend change this week depends on that!
Support levels: 65,500 / 62,800
Resistance levels: 75,475 / 83,896
Key points are around 66,000. If below, watch whether the first support can be quickly recovered. The market is like this—accept the rapid rises and falls. Stay patient. After adding to positions, the average cost is around 67,500-68,000. Not much to say—just a slight movement. The key is to keep positions controllable!
ETH
Support: 1,835 / 1,600
Resistance: 2,225 / 2,460
Currently, the key point is 1,915. Over the weekend, it was clearly stated to add positions at 1,915 and the spot initial position. This view remains unchanged. It should have been strictly executed. The average of 1,981.25 is just a minor detail! Watch the market and follow its lead.
In terms of operations: The surge in crude oil has absorbed liquidity from gold and silver. The non-farm payrolls increased the probability of rate cuts, pushing liquidity away from gold. Essentially, it's a moment of liquidity overflow. But from the current market, it looks more like a battle for existing liquidity, lacking new liquidity.
Spot offers opportunities to continue adding positions. Don't miss this excellent chance. Control your contracts' positions, stay patient, and take it slow. The current strategy just requires a bit of patience!
#BTC #ETH