On the daily chart, Bitcoin has been oscillating downwards after hitting resistance around 69,000. It has currently broken the short-term support level of 67,000, with the next support level looking at 66,000-65,500. If this support is broken, a new round of decline can be declared, which can also be understood as a watershed for bullish and bearish trends. It is expected that after testing the support, there will be a buildup of strength to push upwards, with short-term resistance seen at 68,000. As for Ethereum, as mentioned earlier, it reached around 2,760 before starting to pull back. It has also broken below the short-term support level of 2,600-2,630, with the next key support looking at 2,550-2,500, which can also be understood as a watershed for bullish and bearish trends. Otherwise, following Bitcoin's bullish trend, after testing the support, it can continue to look upwards towards 2,760-2,870.

On the 4-hour chart, both Bitcoin and Ethereum are showing a gradual downward trend, a typical pullback after a high. Currently, they are near key support levels, and subsequent operations are still recommended to go long near the support levels!

Trading strategy: Go long near the support levels!

Long Bitcoin at 66,000-66,400, target 67,300-68,000, with a stop loss below 65,500;

Long Ethereum at 2,550-2,570, target 2,630-2,680, with a stop loss below 2,510;

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

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

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