10.26 Bitcoin and Ethereum achieved a clean sweep this week, followed by trend analysis and operational strategies!

CN
6 hours ago

The daily level of Bitcoin has finally moved out of the expected upward trend. After testing the bottom support at the 108000-106000 range, the market has started to rise steadily and has currently broken through to the 114000 level. As mentioned earlier, breaking above 110500 or below 106000 would open up new space. The current resistance level is 115000, and the support level is 112500. The daily level of Ethereum is similar, showing an expected upward movement. After effectively testing the support at the 3750 level, it has steadily risen to around 4100, with resistance at 4080-4100. If broken, it could reach 4180-4270, with support at 3980.

Looking at the 4-hour level, Bitcoin has gradually risen to the short-term resistance near 113000. If broken, it could reach 115000-116000, with support shifting to 111500-110500. Ethereum on the 4-hour chart has also risen to the short-term resistance near 4080. If broken, it could reach 4180-4270, with support shifting to 3980-3950.

The long positions in Bitcoin and Ethereum set up on Friday have also successfully achieved the expected precise take profit! The current market trend is strong, and it may be worth trying to continue buying on dips!

Aggressive short-term trading ideas:

Buy Bitcoin at 112300-112800, target 114000-115000, with a stop loss below 111300;

Buy Ethereum at 4000-4030, target 4100-4180, with a stop loss below 3950;

The strategy is time-sensitive, please refer to the main page for details, and focus on 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 ideas!

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