From the daily perspective, Bitcoin's overall trend is once again in a phase of consolidation. Currently, there is resistance above and support below, with resistance levels at 97500-98000 and support levels at 95000-94500. If it continues to decline, it could reach the previous retracement level of 91500-91000. If the support holds, then the current market is merely a process of consolidation and accumulation, and it will inevitably challenge the 100,000 mark again. Ethereum's trend has been relatively strong recently, but it is currently facing resistance at the 3750-3800 range and is starting to pull back. Similarly, pay attention to the support levels at 3580-3550; it only reached 3550 last time before starting to rise further.
From the 4-hour perspective, if Bitcoin is making a normal pullback and then moving up again, it is currently testing the support level around 95000. The support is gradually moving up, and the short-term resistance levels are at 96500-97500. For Ethereum, also pay attention to the support situation at 3580-3550, with short-term resistance around 3650-3700.
Referring to the previous market's short-term pullback followed by another rise, it is expected that there will be further breakthroughs. In terms of operations, it is advisable to position for low long trades near the support levels!
Trading strategy: Focus on low long trades!
Long Bitcoin at 94500-95000, target 96500-98000, with a stop loss below 93800;
Long Ethereum at 3560-3590, target 3650-3700, with a stop loss below 3500;
The strategy is time-sensitive, and specific guidance should be based on real-time updates 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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