Currently, from the daily level, Bitcoin has rebounded significantly after dipping to the 81,000 level, and is now approaching the 90,000 mark. The current resistance level is seen at 90,000-91,000, with support at 87,000. Ethereum has also broken support to a new low around 1,970 before starting to rebound, currently approaching around 2,280, with resistance at 2,250-2,300 and support at 2,100-2,150!
From the 4-hour level, the market is currently testing the resistance of Bitcoin at 90,000 and Ethereum at the 2,250 level. If it continues to rise and breaks through, Bitcoin at 94,000 and Ethereum at 2,550 will face another test, which can be seen as a turning point for the trend!
Operational strategy: Currently under pressure, we expect a short-term pullback!
Short Bitcoin at 90,000-90,500, with a target of 88,000-87,000, and if it breaks, look for 84,000, with a stop loss above 91,500;
Short Ethereum at 2,250-2,280, with a target of 2,200-2,150, and if it breaks, look for 2,100, with a stop loss above 2,310;
The strategy is time-sensitive, please refer to the main page for details, with private real-time guidance as the main focus!
Professional team gold medal analyst Ruo Yu, focusing on contract trading guidance, follow the WeChat public account "Coin Circle Ruo Yu" to understand real-time market analysis and operational strategies!
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