Everyone, have a great weekend. Currently, the market has not experienced a significant downward correction. As mentioned yesterday, making money from shorting without exiting results in major losses; at the very least, you should protect your capital. I also emphasized that during the four-hour upward rebound phase, shorting is difficult. Conversely, during a four-hour decline, going long is like a dog—if you don’t short, you’re just missing out. Making money from shorting without exiting will lead to losses. That’s basically how it is.

In fact, many times both long and short positions can be taken, but it’s important to clarify your level of operation. Short-term trades should be exited once profitable; you can’t just set a 5-minute stop-loss and hold for 1-4 hours of profit. There’s no room for much fluctuation. In many cases, holding no position is also an option.

Looking at the current market from a no-position perspective, it’s time for a one-hour correction. Whether this correction turns into a reversal needs further confirmation through price action. The oscillating market aligns with the usual weekend trend—highs and lows are both possible. Yesterday, I didn’t call for a short because there was no clear bearish signal on the one-hour chart. The Bitcoin price is expected to fluctuate around 67,300, with a range of 67,300-71,500. A breakout could signal a continuation of the upward trend, with potential targets around 74,000 for Bitcoin and 2,240-2,250 for Ethereum, but this will take time. There are no markets that only go up or down forever—except in large trending markets. Currently, it’s a choppy range. Short positions should have a stop-loss at 71,500, and Ethereum’s stop-loss is above 2,130. The recent fluctuation range is quite large, so some stop-losses are bigger; control your position size and enter in batches.

I will be live streaming intermittently. I won’t be able to stream tonight due to other commitments. Please ask questions promptly if you have any.

This is just my personal opinion and for reference only.