Some ideas and operational thoughts on the long-term cycle are as follows:

Currently, I think the rebound of Bitcoin on the 4H timeframe is about over, but since the weekend trading session may not drop too much immediately, you can set up your short positions last night with proper risk management and stop-loss measures to hold. Support levels downward are around 67500/63500/60000.

Last night, Bitcoin and ETH both reached our expected 4H level resistance and short entry points. You can set up short positions with proper risk management and stop-loss to hold. Support levels downward are around 1980/1880/1800. If you have short positions, consider gradually reducing your positions and taking profits based on the support levels below.

Some thoughts on the long-term cycle:

It’s still uncertain whether Bitcoin at 62,000 and ETH at 1740 are the bottom of this wave. Next week, there’s a high probability of a second dip to confirm whether a bottom has formed, so I think spot positions can be gradually placed. The key long-term support level for Bitcoin is in the 55,000-60,000 range, and for ETH, it’s around 1600-1800. Based on these long-term support levels, you can gradually place spot orders to accumulate. There’s no need to hesitate at these levels; just deploy gradually.

Recommended assets for deployment: Bitcoin (( 55,000-60,000 range), ETH (1600-1800 range), SOL (60-80 range), BNB (500-600 range), GT (( 5-7 range), XRP (1-1.3 range). Focus on mainstream coins for spot positions, and distribute your orders in the suggested price ranges.