#鲍威尔讲话 Recently, the market data has been changing quite rapidly, with funds starting to flow into those zones that have fallen hard. Some niche assets have suddenly shown signs of life—this is actually the result of two forces coming together: on one side, there's a value reassessment after being oversold, and on the other side, short-term hot money is looking for opportunities.

Looking at the mainstream side again, $BTC and $ETH have actually been grinding at low levels for quite a while. The leveraged positions that needed to be liquidated have mostly been cleared, and the market sentiment has slowly shifted from previous panic selling to a state of stalemate between bulls and bears, with everyone observing.

At this stage, style rotation will become commonplace. If you still cling to a certain idea, you may very likely miss the rhythm. Trading needs to be flexible; enter when you should and withdraw when necessary, otherwise, when the market data changes, you won't be able to keep up.

For intraday trading, I suggest a low bias long strategy. Focus on whether the mainstream coins show signs of stabilization, and whether the rotating zones can sustain. By the evening, adjust your positions based on the changes in market data momentum, reallocating as necessary and adding positions where appropriate.

For Bitcoin, if it pulls back below 86400, consider entering a long position. You can add to your position at 85500, with a stop loss set at 85000. The initial target is 89000, then 90500. I believe there's a chance for a long-term target of 96000.

Ethereum says: You can buy below 2780, add positions at 2730, set a stop loss at 2690, with short-term targets of 2880 and 3000. In the long term, it should not be a big problem to see 3200.