On the daily chart, Bitcoin has closed a bullish candle above 96,000. It has currently broken through the resistance level of 96,000, with the next resistance seen at 97,500-98,000. If it can stabilize above this level, we can look towards the 100,000 mark; otherwise, it may drop back to around 92,000. Ethereum has rebounded to the 3,450 level, facing resistance. It is currently testing the resistance levels of 3,450-3,500, with support at 3,400. If it breaks above, we can look towards 3,550-3,600; otherwise, it may continue to revisit the 3,300 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. This is the second attempt to test this level. If it can consistently hold above 96,000, we can look towards 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. It is expected to touch the 3,500 level soon, and the subsequent strategy is to focus on long positions.
Trading Strategy: The low long position set yesterday successfully took profit, and the focus will remain on low long positions!
Long Bitcoin at 95,800-96,300, 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 in private 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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