12.3 Bitcoin and Ethereum long positions continuously take profit, subsequent trend analysis and operational ideas!

CN
1 day ago

On the 4-hour chart, if Bitcoin makes a normal pullback and then rises again, it is currently testing the support level around 95,000. The support is continuously moving up, and as long as this level holds, it will continue to rise. The short-term resistance is still seen at the 96,500-97,500 range. There have been attempts to test both sides in the evening, but they have not been sustained. For Ethereum, we are also paying attention to the support around 3,580-3,550, with short-term resistance at 3,650-3,700. Similarly, there have been attempts to test both sides in the evening, and the overall trend remains dominated by fluctuations.

In the evening, we set up long positions near the support levels. For Bitcoin, go long at 94,500-95,000 with a target of 96,500-98,000. For Ethereum, go long at 3,560-3,590 with a target of 3,650-3,700. So far, there have been at least two entry opportunities. The previous target was almost reached, with Bitcoin peaking at around 97,500 and Ethereum at around 3,680. Continuing to enter positions at this moment is also profitable, and further breakthroughs are expected. The strategy should focus on low long positions!

Operational strategy: Focus on low long positions!

Go long on Bitcoin at 94,500-95,000 with a target of 96,500-98,000, and a stop loss below 93,800;

Go long on Ethereum at 3,560-3,590 with a target of 3,650-3,700, and a stop loss below 3,500;

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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