Japan's rate hike finally settles, and the long-awaited negative news in this market was officially realized yesterday. Interestingly, many people worry about further declines, but on the contrary, Bitcoin experienced a significant rebound — there is actually logic behind this.



Looking back at yesterday's market: the price initially surged due to positive inflation data, then fell back on expectations of rate hikes. Now that Japan's rate hike has been implemented and uncertainty has been eliminated, the market is beginning to rebound. What does this indicate? Most of the time, market movements seem disorderly, but as long as you grasp the key event nodes, you can find patterns.

**Regarding Bitcoin**, the rebound logic is very clear. After Japan's rate hike, this major negative factor was realized, and market sentiment began to recover, which is exactly the trend I predicted a few days ago.

**Ethereum's trading approach** comes next. The 3000 level for ETH indeed faces significant resistance. We previously shorted at this level three times, each time gaining profit. But the market won't always dance to the same rhythm; diminishing returns are normal. Instead of stubbornly holding at 3000, it’s better to focus on the more reliable resistance zone of 3150-3200 — shorting here will have a higher win rate.

For the bottom, around 2800 is a good level to set rebound orders. My strategy is to place orders at key support and resistance levels simultaneously; once the market hits these levels, you can capture 50-100 points in short-term retracement profits. This approach, based on major support and resistance levels, indeed has a much higher success rate.

**ZEC has also been interesting recently**. It has already rebounded to 425. My advice is to continue patiently waiting. Once it rises to the resistance zone of 450-470, consider opening a 1x long-term short position. Even if you get caught, don’t rush; holding a long-term position in this coin has never caused losses in history.
BTC-1,56%
ETH0,56%
ZEC-1,35%
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