1.1 Analysis of the Trend of Bitcoin and Ethereum and Operational Ideas!

CN
4 days ago

On the daily chart, Bitcoin has once again tested the support level around 92,000 and has started to rebound. It is currently facing resistance at the 96,000 level, with the upper pressure expected to be between 95,000 and 96,000. If it can break through smoothly, we will look towards the 100,000 mark; otherwise, the 90,000 level will be at risk. For Ethereum, the daily chart shows it maintaining a range around 3,300, with current resistance at 3,400-3,450 and support at 3,300. A breakout would target the 3,500-3,600 range, while a drop would look towards the 3,000 mark.

On the 4-hour chart, Bitcoin is currently operating within a range between 100,000 and 92,000, with the midpoint at 96,000. There has already been one upward test; if it breaks through, we will look at the top of the range at 100,000. Ethereum is operating within a range of 3,500-3,200, but the recent range has gradually narrowed to 3,450-3,300. Overall, it is currently at the lower end of the range, and the subsequent strategy suggests focusing on long positions.

Trading Strategy: Focus on long positions!

For Bitcoin, go long at 93,000-93,500, targeting 94,500-96,000, with a stop loss below 92,000;

For Ethereum, go long at 3,310-3,340, targeting 3,400-3,450, with a stop loss below 3,280;

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