Currently, looking at the daily chart, Bitcoin is still under pressure at the 61500-62000 level, with support at 58000-58500. The bulls have attempted to break through the upper resistance multiple times without success. Similarly, Ethereum is facing pressure at the 2700-2720 level, with support at 2550-2600. Although the CPI briefly pushed the market to surge to the 2780 level, it still faced pressure and fell back, forming a pin bar pattern. Overall, the market is still in a range-bound phase. Whether the bulls can initiate another rally can be temporarily observed based on the breakthrough at 62000 and 2877 levels. Looking at the 4-hour chart, both Bitcoin and Ethereum are in a phase of testing the upper and lower levels. In the short term, it is still recommended to engage in short-term trading by selling high and buying low, and to wait for a trend to emerge before acting accordingly!

Yesterday, the strategy of selling high and buying low was also implemented, and the market once again experienced a back-and-forth oscillation. The stop-loss for the Ethereum short position was triggered, while the profit for the Bitcoin position was taken once. Currently, the market has once again provided an entry position for long positions, which can be entered based on the support level!

Operation strategy: Sell high and buy low!

For Bitcoin, go short at 61500-62000, with a target of 60000-58500 and a stop-loss above 62500; go long at 58000-58500, with a target of 60000-61500.

For Ethereum, go short at 2720-2750, with a target of 2600-2550 and a stop-loss above 2780; go long at 2600-2630, with a target of 2700-2750.

The strategy is time-sensitive, and specific guidance in real time is the main focus!

Ruo Yu, a professional analyst from the gold medal team, focuses on contract trading guidance. Follow the WeChat public account "币圈若渝" to stay updated on real-time market analysis and operation strategies!

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。