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1.14 Bitcoin and Ethereum Trend Analysis and Trading Ideas!

CN
币圈若渝
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2 months ago
AI summarizes in 5 seconds.

On the daily level, Bitcoin has successfully broken through the expected second upward trend and surpassed the upper boundary of the box structure at 94,500. It is currently around 95,000. According to the previous box structure's top position, it has now converted to a support level. The resistance above is at 95,500-96,500, and if it continues to rise, 100,000 is promising! Ethereum has also shown the expected upward trend and is currently near the top of the box structure at 3,320, but it has not yet broken through. The support is tentatively at 3,250-3,280, with resistance at 3,320, and if it breaks, we look at 3,400!

On the 4-hour level, Bitcoin has clearly broken out of the box structure trend. Although Ethereum has also broken out, the previous high of 3,400 is still a resistance. As analyzed yesterday, Bitcoin has clearly broken out of the narrow fluctuation range, while Ethereum is still under pressure at 3,170, with support at 3,080. The long positions set up the day before yesterday and yesterday have been very successful, with profit potential maximized. Moving forward, we can continue to go long based on the support levels!

Trading Strategy:

Go long on Bitcoin at 94,000-94,500, targeting 95,500-96,500, with a stop loss below 93,500;

Go long on Ethereum at 3,260-3,290, targeting 3,350-3,430, with a stop loss below 3,200;

The strategy is time-sensitive, and specific guidance will be provided in private real-time!

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