On the daily chart, Bitcoin has broken through the downward trend channel resistance at the 68000 level with a solid bullish move. According to the support and resistance levels, as long as the support at 68000 holds, the market is likely to continue to rise further, with the next resistance level being around 69500-70000. After two days of consolidation over the weekend, the probability of a continued upward push this week is still very high. Ethereum is currently testing the resistance level at 2700. If the daily close can hold above 2700, the next short-term resistance will be at 2760, with support at 2650-2680. Ultimately, the market is likely to test the 2877 level, making the daily close very critical.

On the 4-hour chart, Bitcoin has been oscillating at high levels after a surge, showing very strong bullish performance. Ethereum is following Bitcoin's trend after some consolidation, with bulls pushing for a rebound. Currently, it is testing the resistance at 2700. The overall trend remains bullish, and the recommendation for future operations is to trade in the direction of the trend!

Trading strategy: Trade long in the direction of the trend!

Long Bitcoin at 68200-68500, target 69500-70000, stop loss below 67500;

Long Ethereum at 2660-2690, target 2760-2870, stop loss below 2650;

The strategy is time-sensitive, and specific guidance will be provided in private real-time updates!

Professional team gold medal analyst Ruo Yu focuses on contract trading guidance. Follow the WeChat public account "Coin Circle Ruo Yu" to get real-time market analysis and trading strategies!

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