Looking at the weekly chart, Bitcoin closed with a bearish candlestick last week, failing to break through the resistance level of 69000-69500, indicating that the pressure at the weekly level is still very significant. The support is at the 67500-68000 range. On the daily chart, after a wave of upward movement to the 69000 level, it retraced to the 66000 support level and then rebounded, leading to a second attempt to reach the peak. The resistance level still needs to focus on the 69500 range, and if broken, look at 71500. The support is tentatively at 67500-68000.

For Ethereum, the weekly chart shows it has been fluctuating within the 2400-2700 range, with support continuously moving upward, overall presenting a trend of oscillating upward. On the daily chart, it again tested the bottom at the 2400 level without breaking it, rebounding to around 2500 for consolidation. The resistance level is at 2570-2600, and support is at 2450-2480. The real bullish momentum still requires breaking through the key resistance levels above at 2700-2870!

Looking at the 4-hour chart, both Bitcoin and Ethereum are in a rebound phase after hitting the bottom. Bitcoin is approaching the resistance level of 69000, while Ethereum's performance is relatively weak, showing a short-term trend of encountering resistance and oscillating downward. It is recommended to short at the current price and wait to go long near the support!

Trading strategy: Aggressive short at the current price!

Short Bitcoin at 68800-69300, target 67800-66800, stop loss above 69800;

Short Ethereum at 2520-2550, target 2470-2420, stop loss above 2580;

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

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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