Currently, from the daily chart perspective, the resistance level for Bitcoin is still valid at 84000-84500. Although there have been attempts to test upwards, it remains under pressure and has pulled back. The support levels of 82500-80500-78500 remain unchanged. For Ethereum, the situation is more evident; the fluctuation range has been relatively stable in recent days, with a resistance level at 1950 and a support level at 1850, oscillating within this range.
From the 4-hour chart perspective, there is pressure above and support below. For Bitcoin, the range is 80000-78000, and for Ethereum, it is 1850-1800. Currently, there is a rebound testing the resistance, with a maximum target for Bitcoin at 84000-86000 and for Ethereum at 1950-2000. If it faces pressure and pulls back, the oscillation will continue unchanged. The subsequent continuation of the bearish trend will also require consolidation and accumulation of strength within this range before breaking down the support. Therefore, starting this week, only high shorts will be executed, and low longs will not be taken to prevent a breakdown trend!
Recent high shorts and low longs have all been accurately closed for profit, harvesting back and forth!
Operational strategy: Focus on high shorts, with low longs as a supplement!
Short Bitcoin near 84000, with a target of 82000-80000, and if it breaks, look for 78000, with a stop loss above 85500;
Short Ethereum near 1930, with a target of 1880-1850, and if it breaks, look for 1800, with a stop loss above 2000;
The strategy is time-sensitive, please refer to the main page for details, with private real-time guidance as the primary focus!
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 operational strategies!
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