From the current trend, Bitcoin and Ethereum have shown differences in their movements.
Last night, Bitcoin's price rose to the mid-band on the four-hour chart, faced pressure, and then fell back near previous lows. In contrast, Ethereum's price broke through the mid-band resistance on the four-hour chart after the four-hour candlestick shift, reaching a new high of around 3465.
Our layout yesterday focused on the mid-band resistance on the four-hour level for positioning. This was mentioned in both the article and video content. Once the mid-band resistance on the four-hour level was confirmed, we considered re-entering the market, and the lower support was also clearly outlined.
Currently, we have already achieved good profits, and the trading strategy for the current day remains the same: simply buy low and sell high within the range.
Bitcoin has continued to retreat after facing mid-band resistance on the four-hour level, and it is about to drop again to the lower support level. Long positions can be attempted here, with a stop loss of 500 points. The rebound target can be focused on the 94600-96000 range!
As for Ethereum, the focus is on the mid-band support on the four-hour chart. If it breaks below, we can short and look at the 3280-3220 range. If it doesn't break, we go long directly, with the target set at 3420-3480, and a stop loss of 40 points!