In the morning, after a wave of decline, the long position rebounded again, but the strength of the rebound was still lacking. We suggested entering the market near 68480 for AICoin and exiting near 69000, capturing a 520-point space. For Ethereum, the entry at 3827 and exit near 3885 captured a 58-point space.

Currently, after the rebound, the market price has repeatedly tested the support below. Short-term retracement or horizontal consolidation is a normal correction method. Retracement below the high point determines the position for going long. Short-term correction is needed, and the current weak correction also provides space for retracement. Retracement is not the beginning of a turnaround, but just to build momentum for the subsequent rise of the long position. Only when the retracement is sufficient, can the future rise be strong enough. The subsequent strategy is to continue to follow the retracement and go long.

For AICoin, it can be directly long near 67500-67800, with a target of 69000-70000. For Ethereum, it can be directly long near 3780-3800, with a target of 3900-4000.

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