12.16 Market Analysis The current best strategy is to stay on the sidelines and observe Lock in the core observation zones: ETH: 3036-3076 (Gann 50-61.8% retracement) BTC: 8.9K-9K Of course, ETH may rebound weakly; the main position can be watched in BTC then open ETH Currently, the market is in a downtrend with a natural rebound to test the upper supply levels If the price reaches the core levels with signs of - stagnation - oversold - bearish candlestick confirmation - and supply overwhelming demand, then it’s a good time to short Stop-loss and take-profit: Enter at 3036-3076 when a good position appears Take profit at 2920, close half the position The remaining half’s stop-loss is set at the entry price, with a final target of 2865 Place stop-loss in the 3100-3120 range If stopped out, temporarily abandon all short positions If it’s a false breakout and gets knocked out, wait for the candle to close and then continue with the same position afterward