1.19 Bitcoin and Ethereum trend analysis and operational ideas!

CN
6 hours ago

From the daily perspective, Bitcoin has been rising since it dipped to the 90,000 mark and is currently around 105,000, just a step away from the previous high of 108,000. The current resistance level is between 106,000 and 108,000, while the support level is between 104,000 and 102,000. Ethereum is alternating between bullish and bearish on the daily chart, with current support at the 3,250-3,300 range and resistance at the 3,450-3,500 range.

From the 4-hour perspective, Bitcoin rebounded after testing the support at 102,000 and is now experiencing the anticipated second peak. It is currently under pressure in the 105,000-106,000 range. Ethereum has seen a larger downward movement, operating within the 3,250-3,450 range recently, with support at 3,250 and resistance at 3,350-3,450.

Trading Strategy: Currently, Bitcoin is at a relatively high position, and Ethereum's rebound is also relatively weak, so it is recommended to short near the resistance levels!

Short Bitcoin at 105,000-105,500, targeting 104,000-102,000, with a stop loss above 106,500;

Short Ethereum at 3,320-3,350, targeting 3,250-3,200, with a stop loss above 3,400;

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

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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