Looking at the daily level, the large coin has closed two consecutive bearish candlesticks and then closed a bullish candlestick again, just pulling back to the expected bottom position around 91500 and starting to rebound. It has now closed near 96500, with resistance levels referenced at 96500-97000 and short-term support levels at 93500-94500. Ethereum has not been moving in sync recently, and the pullback just touched the bottom position around 3250 before starting to rebound. It has now broken through the top of the box structure at 3500-3550, and based on the top-bottom conversion idea, the top of the box structure has now become the new support level, with resistance levels referenced at 3650-3700;
Looking at the 4-hour level, the large coin is currently rebounding from the bottom and encountering resistance at the 96500 level. This position is very important. If it breaks through, it will continue to challenge the 100,000 mark; otherwise, it will continue to test the bottom at 91500. Ethereum's 4-hour has broken through the previous 3250-3500 box structure. Currently, it has encountered resistance and retreated after hitting 3650-3700. As mentioned several times before, as long as Ethereum's pullback supports 3280-3300, a new round of rise will start!
The short-term short position strategy given yesterday resulted in stop losses for both large coin and Ethereum, but the previous bullish position was very perfect, with support levels around 91500-3280 for setting up long positions. It's just a pity that the market did not move in the expected gradual upward trend but instead surged violently. Missing out on the medium to long-term position is a bit regrettable!
Operation Idea: The large coin has not stabilized at the 96500 level, aggressively set up for a high position!
Short the large coin at 95500-96000, target 94500-93000, stop loss above 96500;
Short Ethereum at 3630-3660, target 3580-3500, stop loss above 3700;
The strategy is time-sensitive, and specific guidance should be based on real-time private advice!
Professional team gold medal analyst Ruo Yu, focusing on contract trading guidance, follow the WeChat public account 'Coin Circle Ruo Yu' to understand real-time market analysis and operation ideas!
