On the 4-hour chart, Bitcoin is currently experiencing a bottom rebound, facing resistance at the 96500 level. This position is very important; if it breaks through, it will further challenge the 100,000 mark. Otherwise, it will continue to test the bottom at the 91500 level. The current market is also further testing the short-term support at the 94500 level. If it continues to decline, the 92500-91000 range is inevitable. Ethereum has already broken out of the previous box structure between 3250-3500 on the 4-hour chart. It is currently facing resistance and pulling back after reaching the 3650-3700 range. The short-term pressure is referenced at 3600-3650, while support is seen at the 3550-3500 range. It is expected that even if it continues to rise, it will need to retest this support level. The same reasoning applies; as mentioned multiple times before, as long as Ethereum stabilizes after a pullback to the support at 3280-3300, a new round of upward movement will begin! (Attached is the trend prediction chart)
As mentioned above, Bitcoin has not stabilized at the 96500 level, so aggressive short positions were set up. Short Bitcoin at 95500-96000, targeting 94500-93000; short Ethereum at 3630-3660, targeting 3580-3500. As of now, all short positions are profitable, with Bitcoin reaching the first target and Ethereum nearing the second target. Secure profits steadily, and after reducing positions aggressively, continue to hold for further declines!
Operational strategy: Bitcoin has not stabilized at the 96500 level, so aggressively set up high shorts!
Short Bitcoin at 95500-96000, targeting 94500-93000, with a stop loss above 96500;
Short Ethereum at 3630-3660, targeting 3580-3500, with a stop loss above 3700;
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 operational strategies!
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