The analyst discusses the potential for long entries using JayWave levels or retracement levels, noting that the method doesn't matter. The speaker identifies a potential bearish move, suggesting building long positions in the 70000 range. Fibonacci retracement levels are mentioned as a tool for identifying entry points, particularly around the 69000 level, which is considered a golden pocket. The analysis infers a pullback at around 70000, using swing Fibonacci levels from a high of 124517. Key levels mentioned include 98000, 82000, and 69000, with a focus on a range around 70000 for placing larger positions. Building a trade strategy around these levels for a better average price is recommended.