Currently, from the daily chart perspective, Bitcoin has strongly risen to around the previous high of 106,000 after breaking through the previous resistance level of 97,000. It was mentioned earlier that if this resistance is broken, the significant level of 100,000 will likely be breached again, potentially reaching new highs. The current resistance level is between 105,000 and 106,000, and the overall trend is in a bullish upward adjustment phase, with support at the 102,000-103,000 range. Ethereum has also strongly risen to the 2,600 level after breaking through the 1,850 resistance, with resistance at 2,580-2,600. If it continues to break upward, we can look at 2,660-2,730, with support at 2,500.
From the 4-hour chart perspective, Bitcoin shows a pattern of rise - consolidation - rise - consolidation. The current consolidation range is between 105,000 and 102,000. Ethereum is also consolidating, with a range of 2,600-2,450. If it breaks out, we can follow the trend.
Trading strategy: We are currently in an adjustment phase during an upward trend, so we can sell high and buy low within the range!
For Bitcoin, short at 104,500-105,000, targeting 103,500-102,500; long at 102,000-102,500, targeting 104,000-105,000.
For Ethereum, short at 2,580-2,610, targeting 2,520-2,450; long at 2,430-2,460, targeting 2,520-2,600.
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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