Currently, from the daily chart perspective, Bitcoin is still in a narrow range of fluctuations, with a resistance level at 107,000 and a support level at 104,000, showing signs of moving upward. Ethereum is also in a range of fluctuations, with reference levels of 2,700-2,500, a resistance level at 2,680-2,700, and a support level at 2,500-2,450.

From the 4-hour chart perspective, Bitcoin has started to rise steadily after testing the support at 103,000, with short-term resistance at 107,000-109,000 and short-term support at 105,000-104,500. Ethereum has been under pressure at the 2,700 level, with short-term resistance at 2,650 and support currently at 2,550.

Trading strategy: The current market is generally in a correction phase. The short positions in Bitcoin and Ethereum set up yesterday have gained some space, and we can continue to set up short positions near the resistance levels!

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

Short Ethereum at 2,630-2,650, with a target of 2,550-2,500, and a stop loss above 2,690;

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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