On the 4-hour chart, Bitcoin is clearly under pressure at the 96,000 level, having tested it twice. This morning, it tested the pressure again and fell back. It is expected to continue to probe the support level at 92,000. If it breaks below, the next support levels to watch are 90,000-89,000. Ethereum is also testing the pressure at the 3,350 level and has fallen back, currently breaking the previous low of 3,150. It is expected to gradually move down to test the support levels at 3,100-3,000.
Trading Strategy: The short strategy near the pressure level set in the morning has nearly reached its target. Conservative traders can take profits, while aggressive traders can reduce their positions and continue to hold for further downside. It is recommended to focus on short positions during any rebounds!
The strategy is time-sensitive, and specific guidance will be provided in private 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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