68,000-68,500 is the extreme limit for bear second bottom testing and an extreme long defense line.

• Current market: Low touched 68,110, has reached this defense line, currently rebounded 500+ points, in a stabilization and recovery stage.

• Core logic: 68,000 is dual support from institutional cost and psychological levels. Stabilizing at this position means short-term longs have the upper hand.

What's next? (Execute based on scenarios)

1. If you hold low-position long orders (entered at 68,200-68,500)

• Holding strategy: Rebound space has now opened, first target to watch 69,000-69,200.

• Position reduction plan: Can take partial profits around 69,000, keep remaining positions with break-even stop (such as 68,300), and gamble on resistance at 69,500-69,800 above.

2. If you want to chase longs into the market

• Aggressive: Can enter light positions around current price 68,650, betting on short-term momentum.

◦ Stop loss: Strictly placed below 68,100 (intraday low).

◦ Target: 69,200 ➔ 69,500.

• Conservative: Don't chase highs, wait for pullback to 68,400-68,500 range to stabilize before entering.

3. If price kills down again (extreme risk control)

• If unexpected break below 68,000, do not blindly chase shorts.

• Wait for stabilization around 67,200 before taking longs, handle overall with range rebound logic, cannot go contra-trend and see downside.

#加密行情震荡 Key Resistance Levels Alert

• 69,000: First hurdle for short term, if breaks with volume, space could open to 69,500-70,000.

• 71,500: Mid-term strong pressure zone, if rebound stalls here and pulls back, can test shorts with light positions.

One-liner summary: Currently in the first stage of bottom-finding rebound, can hold long positions and look higher, but must set proper defense to prevent high-point pullbacks.