Currently, from the daily chart perspective, Bitcoin has rebounded to the 97,000 level and encountered resistance, falling back again. It was previously mentioned that the support level at 93,000-92,000 is very critical. If the price breaks below this support during a pullback, the market will likely enter a bearish trend again in the short term. Conversely, if the resistance level at 97,000 is broken, the 100,000 mark will likely be breached again, potentially reaching new highs. Overall, the market is still operating within a range. Ethereum has also rebounded to the 1,850 level but is showing weakness in bullish momentum. If the pressure at 1,850 cannot hold, a bearish trend will emerge again. The short-term support continues to be observed at 1,750-1,700, with a breakdown target of 1,650-1,550.

From the 4-hour chart perspective, Bitcoin is clearly operating within a range, referencing 97,500-93,500. Ethereum is also consolidating sideways, with a resistance level at 1,850 and a support level at 1,750. If these levels break, one can follow the trend to enter positions.

Trading Strategy: Previously, it was suggested that those who set up low-position long orders for Bitcoin and Ethereum successfully reached their target profit. Currently, the price is at the high end of the consolidation range, so it is recommended to set up short orders at high positions!

Short Bitcoin at 97,500-98,000, targeting 96,500-95,500-93,500, with a stop loss above 99,000;

Short Ethereum at 1,840-1,860, targeting 1,800-1,750, with a stop loss above 1,900;

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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