Currently, from the daily chart perspective, Bitcoin has once again dipped to around 105,000, encountering support and moving sideways. The current resistance level is 107,000, with short-term support at 105,000-104,000. Ethereum has dipped to around 2,500 and is also moving sideways, with resistance seen at 2,600-2,650 and support at 2,550.

From the 4-hour chart perspective, Bitcoin faced resistance on the way up and has retraced to support near 105,500, with resistance levels at 107,500-108,500. Ethereum has also effectively tested the support level of 2,500-2,550 multiple times, with subsequent resistance at 2,600-2,650.

Yesterday, the long positions for Bitcoin and Ethereum that were set up took profit twice, while the short positions were stopped out!

Trading strategy: Currently, the market is in a low-level consolidation phase, and it is recommended to go long near the support levels!

At the current price, go long on Bitcoin at 105,800-106,300, targeting 107,000-108,000, with a stop loss below 104,000;

At the current price, go long on Ethereum at 2,550-2,570, targeting 2,620-2,660, with a stop loss below 2,500;

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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