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【87000 Long, 70000 Wait for Drop: This is Not a Contradiction, It's a Structure】
Starting from the Chen Theory structure, the current market response can be divided into two parallel plans:
① Short-term cycle (4H): Follow the structure for a rebound
Currently still in a secondary rebound phase, the short-term structural bias remains bullish.
Maintain half-position participation, attack when possible, defend when necessary.
In terms of structural projection, the 4-hour level still expects a retest, with a focus around 87000 USD:
• If a retest occurs and the structure is confirmed, consider re-entering the previously exited T position;
• If no retest and the price moves directly upward, no need to chase due to already holding half-position.
Regarding the rebound space, the short-term high point is temporarily around 95000 USD. Whether it extends will depend on the price action and structural judgment once the level is reached.
② Long-term cycle (weekly): The trend remains bearish
The weekly downtrend structure has not been broken, and medium- to long-term buy points have not appeared. The space estimate still points toward around 70,000 USD.
Therefore, all current participation should be viewed as a rebound within a downtrend, not suitable for long-term holding, let alone leverage.
One sentence summary:
Follow the trend on smaller timeframes for rebounds, stay alert on larger timeframes for deep drops.
What matters now is execution, not faith.
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