On the daily chart, Bitcoin has closed with a bullish candlestick and is currently breaking through the resistance level around 96,000. The upper resistance is tentatively seen at 97,500-98,000. If it successfully breaks through, we can look towards the 100,000 mark; otherwise, it may drop back to around 92,000. Ethereum has rebounded after testing the 3,300 level again and is currently testing the resistance at 3,450-3,500, with support at 3,300. A breakout would target 3,550-3,600, while a failure would lead back to the 3,300 level.
On the 4-hour chart, Bitcoin is currently operating within a range between 100,000 and 92,000, with the midpoint at around 96,000. This is the second attempt to break through; if successful, we will look at the upper boundary 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 high end of the range, and a breakout would target the previous high of 3,500. Future operations are recommended to focus on long positions.
Trading Strategy: The low long position set yesterday has successfully taken profit. After a stable profit, aggressive positions have been reduced while holding for observation, focusing on low long positions!
Long Bitcoin at 96,000-96,500, with a target of 97,500-98,000, and a stop loss below 95,000;
Long Ethereum at 3,400-3,430, with a target of 3,500-3,550, and a stop loss below 3,380;
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 trading strategies!
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