On the daily chart, Bitcoin has been rising with consecutive green candles and has currently broken through the 116,000 level. As mentioned multiple times before, breaking above 110,500 or below 106,000 would open up new space. After the upward breakout, it has moved 5,000 points, with the current resistance at 117,000 and short-term pressure at 115,500, while the support level is at 114,500. Ethereum on the daily chart is also showing consecutive green candles and has currently broken through the 4,250 level, with strong resistance at 4,270. A breakout here would open up upward space, with support at 4,150-4,100.

Looking at the 4-hour chart, Bitcoin has gradually risen to the highest point of this round of market rebound near 116,000. If it breaks this level, we look at 117,500-118,000, with support shifting to 113,500-114,000. Ethereum on the 4-hour chart has also risen to the highest point of this round of market rebound near 4,270. If it breaks this level, we look at 4,380-4,480, with support shifting to 4,080-4,100.

The strategies for Bitcoin and Ethereum laid out last week have all achieved the expected precise take-profit! The current market rebound has reached the top of the box structure, and subsequent operations suggest trying to short!

Aggressive short-term trading ideas:

Short Bitcoin at 115,500-116,000, targeting 114,000-113,000, with a stop loss above 117,000;

Short Ethereum at 4,170-4,200, targeting 4,100-4,050, with a stop loss above 4,270;

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 ideas!

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