On the daily level, Bitcoin is continuously rising above 96,000, currently testing the resistance level around 99,000 before experiencing a pullback. The upper resistance is tentatively seen at the 99,000-100,000 range, with support at the 97,000-97,500 range. Ethereum is also on a daily upward trend reaching the 3,680 level, with current resistance at the 3,650-3,700 range and support at the 3,550-3,600 range. A breakout would target the 3,700 level.

On the 4-hour level, as previously mentioned, Bitcoin is currently operating within a range between 100,000 and 92,000, with the midpoint at 96,000. If it continues to hold above 96,000, the target would be the upper range of 100,000, and there is still some space above. Ethereum, as mentioned earlier, is operating within a range of 3,500-3,200 and has now broken out of this range. Therefore, the strong support is seen at the 3,500 level; as long as this level holds, the bullish trend remains intact. Short-term support is at 3,550-3,600, with resistance at 3,700.

Trading strategy: Position for low long trades to reach target profit, and continue to focus on low long trades!

Long Bitcoin at 97,500-98,000, target 99,000-100,000, stop loss below 97,000;

Long Ethereum at 3,580-3,610, target 3,680-3,750, stop loss below 3,550;

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" for real-time market analysis and trading strategies!

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