On the daily level, Bitcoin has recorded five consecutive bearish candles, and the anticipated downtrend is progressing smoothly. Currently, we need to observe the support level around 68,000. If the closing price breaks below, we will look at the 66,000 level. The resistance level is tentatively set at 69,000. For Ethereum, there is no need for extensive analysis; the resistance is at 2,500, and the support is at 2,400!

On the 4-hour level, Bitcoin's bearish volume has not yet been fully released, and further downward movement is expected. The next short-term support level is between 67,000 and 66,000, while the resistance level is between 68,500 and 69,000. Ethereum is currently maintaining a range-bound movement, with support at 2,420-2,400 and short-term resistance at 2,480-2,500. If it breaks, we will pursue further action! The short-selling strategy provided near the resistance level in the evening was accurately executed and took profit. Moving forward, it is still recommended to focus on short-selling near the resistance level with a continuation of the bearish outlook!

Trading Strategy: Aggressive short-selling!

Short Bitcoin at 68,200-68,600, targeting 67,500-66,000, with a stop loss above 69,200;

Short Ethereum at 2,440-2,460, targeting 2,380-2,340, with a stop loss above 2,500;

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

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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