Today’s strategy: go short first, then go long, and lock in key positions

Good evening, brothers. Regarding the current market situation, my view is to follow the trend but avoid over-adding to positions.

At this level, a more conservative approach would be to wait for a rebound and then go short at a higher point—that’s a more comfortable rhythm.

Upper short entry zone:
I don’t think it’s very likely to reach 70,000 directly, so you can consider entering some short positions in the 69,500-68,700 range first. Also, leave some room; if it really touches near 70,000, that can be a re-entry point to average down. For stop-loss, a buffer of 800-1000 points should be able to withstand normal fluctuations.

Lower target:
Initially look at the short-term target of 67,000-66,300. If the momentum is strong enough to break further down, then consider 65,000 as a next target.

Long position setup:
Keep an eye on the 65,000 level. If it doesn’t break and shows signs of stabilization, then consider setting up a long position here and catching a move.

This is just a suggestion for reference. Everyone should set proper stop-losses before placing orders and be responsible for their own positions. #ETH