Currently, from the daily chart perspective, Bitcoin has experienced a waterfall decline, briefly testing the 100,000 mark and closing above 110,000. The next day, it formed a second bottom at the 110,000 mark before starting to rebound. Currently, support is at 114,000-112,500, with resistance at 115,000-117,000. Ethereum followed Bitcoin's trend, testing the 3,700 line twice before starting to rebound. Currently, support is at 4,000-4,050, with resistance at 4,220-4,270.

From the 4-hour chart perspective, Bitcoin has continued to consolidate before breaking above the high point of the oscillation. The short-term resistance is at 115,500-116,500. If it pulls back after the recent high, support at the 113,000 line must hold for it to continue rising. For Ethereum, the upper resistance is at 4,200. If it pulls back after the recent high, support at the 4,000 line must hold for it to continue rising.

The current market is steadily climbing, and it is advisable to focus on buying during pullbacks!

Short-term trading strategy:

Buy Bitcoin at 113,800-114,300, targeting 115,000-116,000, with a stop loss below 112,500;

Buy Ethereum at 4,080-4,110, targeting 4,200-4,270, with a stop loss below 4,020;

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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