Currently, looking at the daily level of the market, Bitcoin has touched the previous high around 73800. Even if it breaks the previous high, I personally believe it will still pull back to support to gather strength before breaking through. Therefore, I expect a retracement to the support level of 71500-70000. The pressure level currently only needs to focus on the previous high of 73000-73800. As for Ethereum, its performance is still not satisfactory. Compared to Bitcoin's movement, it should at least be around the 4000 mark, but it has only touched the 2700 line again and is now consolidating. I mentioned earlier that the current pressure level is around 2700-2750. If it stabilizes above 2700, we can look for 2877, with real momentum building after 2877!

Looking at the 4-hour chart, Bitcoin is basically in a state of rising and then falling back for adjustment. It is expected to test the support at around 71500. Ethereum may have the potential for a follow-up rally, and we will look at the situation of testing the pressure level of 2700-2750. However, given Bitcoin's rising and falling trend, I still recommend aggressive shorting in the evening!

Trading strategy: Aggressive short at the current price

Short Bitcoin at 72400-72800, target 71500-71000, stop loss above 73800;

Short Ethereum at 2690-2720, target 2650-2600, stop loss above 2750;

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