Wall Street community live broadcast: BTC/ETH multiple dips, is it breaking through support and entering a bear market? Should we stick to our support and return to a new high?

Click on the link to enter the meeting: https://meeting.tencent.com/p/6321551049 ETH is in a short-term downward channel, but there are signs of rebound. The MACD line crosses the signal line upwards (bullish signal), and the RSI is in the 40-50 range (neutral weak), with a moderate increase in trading volume. The overall market sentiment is cautious, influenced by the liquidity injection after the end of the US government shutdown, and may test an upward trend in the short term, but caution should be exercised against macroeconomic data fluctuations. 1. Long position operation (bullish recommendation): Entry point: Buy when the price retraces to the support level of $3480- $3500 (stop loss set at 5 points below $3450 to avoid false breakthroughs), and pay attention to the second support level of 3380-3405. Target position: The first target is $3548- $3591 (with a rebound of 5-7% within the day), and the second target is $3650 (if broken, hold to+10%). Position management: light position (20% of total funds), combined with MACD confirmation of golden cross. The risk return ratio is 1:2. If RSI rises above 60, add positions. 2. Short position (bearish suggestion): Entry point: Price surges to near the pressure level of $3548- $3591, short position (stop loss set at 5 points above $3620), second pressure focus on 3650-3680. Target position: The first target is $3480 (with a 3-5% intraday decline), and the second target is $3405 (with a position of -8% if support is lost). Position management: Medium position (30% of total funds), monitor if trading volume shrinks and add short positions. The risk return ratio is 1:1.5. If RSI falls below 30, consider closing positions and going long. Tonight's live broadcast will discuss deviation techniques, support pressure levels, and welcome interaction Meeting number: 6321551049 Disclaimer: The above content only represents the author's personal opinion and is intended to assist investors in understanding information related to the capital market. It does not constitute any investment advice and does not represent the position or viewpoint of AiCoin. The market is risky and investments should be made with caution.