From the daily chart perspective, Bitcoin has formed a bottom support at 89000-90000 after a few days of consolidation. During this period, the support has been continuously moving upward. The current short-term support reference is around 91000-91500, while the resistance level is around 92500-93000. Yesterday, it was expected that the market would continue to rise towards the previous high of 93500, and the high has now been refreshed to around 94000. Ethereum continues to maintain a consolidation pattern, and the fluctuation range is relatively regular. The current support is still referenced at 3000-3050, with resistance at 3150-3200. A breakout would continue to look towards the 3250-3350 range, while a drop below the 3000 level would need to be followed down to the key support near 2877!
From the 4-hour chart perspective, Bitcoin's current consolidation range is gradually narrowing and moving upward. The short-term resistance level of 92500 has been broken. Next, attention needs to be paid to the situation between 93500-94000. On the downside, focus on the support situation at 91500-90000. If it goes down, it will inevitably test the bottom again at around 90000. If there is an upward or downward continuation, just follow the trend accordingly. Ethereum's 4-hour range is relatively regular, referencing 3200-3050. Similarly, the upward continuation can reach 3350, while the downward continuation needs to break the support at 3000!
Trading Strategy: Yesterday's low position long orders were not filled, but the trend judgment was correct. Today, the entry position can be adjusted to continue buying low!
Buy Bitcoin at 91000-91500, target 92500-94000, with a stop loss below 90500;
Buy Ethereum at 3040-3070, target 3120-3200, with a stop loss below 3000; #BTC何时突破10万?