Currently, from the daily chart perspective, Bitcoin has once again tested the resistance level around 122300 before retreating. The support level is at the 120000 mark, and it is currently operating within this range. A breakout above looks towards 125000-126000, while a breakdown targets 118000. Ethereum similarly tested the 4500 line before retreating again, with current support at the 4270-4300 range. A breakdown would look towards 4100, while the upper resistance remains around 4500.

From the 4-hour chart perspective, Bitcoin has once again dipped near 120000, with a weak rebound. The short-term resistance is formed at the 122300 line, and the support is at 120000. Ethereum's performance is weak, with the upper resistance at 4500 not being broken. Currently, it has also broken the 4400 line, with short-term resistance at 4450 and support at 4300-4270.

The low-position long positions laid out yesterday have also managed to exit and avoid a disaster. The current rebound is weak, and future operations should focus on shorting at high positions!

Operational Strategy:

Short Bitcoin at 121700-122300, targeting 120500-119000, with a stop loss above 123500;

Short Ethereum at 4350-4380, targeting 4280-4200, with a stop loss above 4450;

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 operational strategies!

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