Currently, from the daily chart perspective, Bitcoin has been consolidating at a high level, seemingly poised to break upwards again. After testing the previous high of 107,000, it has faced some pressure and retreated, but the support level at 104,000-105,000 remains strong. The resistance level is at 106,500-107,000. As long as it does not break below 101,500, the bullish trend remains intact. Ethereum continues to rise to the 2,580-2,600 range before starting to pull back, with support at 2,500-2,450. If it breaks below, we will look at the 2,350 level, with resistance at 2,580-2,600, and if it breaks upwards, we will look at 2,700.

From the 4-hour chart perspective, Bitcoin has broken out of its range, with short-term support at 104,500. If it breaks below, we will look back at 103,000-102,000. Ethereum maintains its range, with support at 2,500-2,450 and resistance at 2,580-2,600.

Trading Strategy: The short positions set up yesterday have been accurately closed for profit. Currently, we are again in a phase of rising and then pulling back. It is recommended to cautiously set up long positions at lower levels!

Long Bitcoin at 104,500-105,000, with a target of 106,000-107,000 and a stop loss below 103,500;

Long Ethereum at 2,460-2,490, with a target of 2,550-2,620 and a stop loss below 2,420;

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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