#加密行情震荡 The market these past few days really has me confused. BTC just climbed back above 70000 from 69000, ETH also fell to around 2100 following it, and the tug-of-war between longs and shorts is really exhausting.

I'm currently in a state of staged position building + light position waiting:

- I've already reduced more than half of my positions at higher levels, now only keeping 3 layers of base positions, don't want to be deeply locked in;
- Every sharp drop, I do small fixed investments gradually, neither missing opportunities by being out of position nor going all-in gambling on the market;
- All key levels have stop losses set, if support breaks I'll reduce positions decisively, preserving capital first.

In this range-bound market I only dare to look at the stable ones:

- Prioritize BTC, ETH and other top-tier assets, strong liquidity and solid consensus, they hold up better than small cap coins even if they drop hard;
- Pass directly on those small coins that are purely concept-driven hype, afraid of stepping on landmines;
- Occasionally look at public chains and storage-type coins with actual application landings, at least the fundamentals are solid, gives me peace of mind.

I think in the short term there will still be repeated grinding:

- Current market sentiment is too cautious, the Fed side hasn't landed yet, most likely oscillating between 69000-72000;
- If it can consolidate above 70000 and sustain volume increase, then there's potential to push higher; if it breaks below 69000 again, probably need to explore lower, so for now it's more watching than doing, don't make rash moves.