From the daily perspective, Bitcoin continues to close with a bullish candle above 96,000. The resistance level is at 98,000. As mentioned before, we are still in a breakout phase. If it breaks upwards, we look at 100,000-102,000; if it breaks down, we look at 94,000-92,000. Previously, the market dipped again only to around 93,000. Currently, after rebounding and standing above 96,000, we need to observe the situation at the resistance level of 98,000. Ethereum closed with a bullish candle above 2,700, with the resistance level still effective at 2,800 and support at 2,650-2,600. If it breaks upwards, we look at 2,850-2,900; if it breaks down, we look at 2,550.
From the 4-hour perspective, Bitcoin has made a second entity dip to the previous low of around 94,000, and after touching that level, it started to rebound. Currently, it is still operating within a box range, with the range reference at 98,500-93,500. The intermediate pressure level is at 96,000-96,500. Ethereum is in a similar situation, with the range reference at 2,550-2,800 and the intermediate pressure level at 2,650-2,700.
The low-position long positions laid out yesterday have also successfully taken profit. Moving forward, we can set up short positions at the top of the box structure!
Operational strategy: Short near the resistance level!
Short Bitcoin at 98,000-98,500, with a target of 97,000-96,000, and a stop loss above 99,000;
Short Ethereum at 2,780-2,810, with a target of 2,720-2,650, and a stop loss above 2,850;
The strategy is time-sensitive, and specific guidance will be provided in private 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 operational strategies!
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