Currently, from the daily chart perspective, the market is steadily rising. The resistance level for Bitcoin is between 88500-89000, and the support level is between 86500-87000. It is currently in a narrow range of oscillation and repair phase. If it continues to break upwards, it will test the 90000-91000 level again, but this does not indicate a complete trend reversal. The strong resistance at 92000-94000 is key; if it can break through, the market will welcome a new round of increases. Ethereum is also steadily rising to around 2100, with resistance at 2100-2130 and support at 2050-2000. If it continues to break upwards, it can be seen at 2200-2250. The previous decline was significant, and it is still quite far from the key trend reversal point, so we will take it step by step!
From the 4-hour chart perspective, there is pressure above and support below, with Bitcoin at 88500-86500 and Ethereum at 2100-2050. Although the oscillation range is relatively narrow, the overall trend is continuously upward. Future operations should primarily focus on buying low and waiting for a breakout!
Trading strategy: Buy low!
Buy Bitcoin at 87000-87500, target 88500-89000, if it breaks, look for 90000, with a stop loss below 85800;
Buy Ethereum at 2045-2060, target 2100-2130, if it breaks, look for 2200, with a stop loss below 2010;
The strategy is time-sensitive, please refer to the main page for details, and prioritize private real-time guidance!
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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