On the daily level, Bitcoin broke above the upper boundary of the box structure at 94,500 and has risen to around 98,000. Currently, it is facing resistance and pulling back. According to the previous box structure, the upper boundary is now a strong support level. Short-term support is seen at 95,500, and if it breaks the new high, 100,000 is inevitable! Ethereum has also broken above the box structure at 3,320, but the body part is not very obvious. Support is temporarily seen at 3,280, with resistance at 3,350-3,400, and if it breaks, it could reach 3,600!

On the 4-hour level, Bitcoin encountered resistance and fell back in the 97,500-98,000 range, with support at 95,500-94,500. If it pulls back to around 94,500, it is essential to try to set up long positions, as this is an excellent location. Ethereum, as analyzed yesterday, has also broken above, but the previous high of 3,400 is also exerting pressure. It has started to face resistance and pull back from this point, with support at 3,280. The long positions set up yesterday were also based on this support, and the profit potential for long positions is again maximized. Moving forward, we can continue to go long based on the support level!

Trading Strategy:

Go long on Bitcoin at 95,500-96,000, targeting 97,000-98,000, with a stop loss below 94,500;

Go long on Ethereum at 3,260-3,290, targeting 3,360-3,430, with a stop loss below 3,200;

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

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