1.3 Major Bitcoin and Ethereum Trend Analysis and Operational Ideas!

CN
2 days ago

The daily level Bitcoin has risen for two consecutive days to the 90,000 mark, and is still in the lower half of the box structure, with a top at 94,500 and a bottom at 84,500. It is currently approaching the middle resistance level, showing signs of a potential upward breakout! Ethereum has also risen for two consecutive days to around 3,130, having broken out of the lower half of the box structure, with a top at 3,320 and a bottom at 2,770. The middle resistance is around 3,030. It was previously mentioned that a breakout could be pursued, and the price is likely to rise to the 3,230 line!

On the 4-hour level, Bitcoin shows signs of upward movement from a technical perspective. After breaking the narrow range consolidation resistance at 90,000, it could reach the 94,500 line. Ethereum has already broken the narrow range resistance at 3,030, and it could currently reach the 3,230-3,400 line!

Currently, the market is showing an upward breakout, and a subsequent pullback can be used to go long!

Trading strategy:

Go long on Bitcoin at 89,000-89,500, with a target of 90,500-92,000, and a stop loss below 88,000;

Go long on Ethereum at 3,080-3,100, with a target of 3,150-3,250, and a stop loss below 3,030;

The strategy is time-sensitive, and specific guidance should be based on real-time private advice!

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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