On the daily level, after a few days of consolidation, Bitcoin has formed a bottom support at 89000-90000, with support continuously moving up, currently breaking through the previous high to around 98500, just a step away from 100000. The short-term support is around 97000-96000, with a resistance level around 98000. Ethereum, after some fluctuations, is also following Bitcoin to show an upward trend, with current support at 3200-3250 and resistance at 3350-3400. A breakthrough would continue to look towards 3500!
On the 4-hour level, Bitcoin is currently breaking out of the consolidation range and continuing to rise gradually. The short-term resistance above is around 98000. Next, pay attention to the pullback strength around 92500-93000. As long as the pullback does not break this level, the bullish trend remains unchanged. Ethereum has broken through the range to explore the 3350 level, encountering strong resistance here. According to the top-bottom conversion idea, as long as the previous range peak of 3150-3200 is not broken, the bullish trend remains unchanged!
Operation idea: The low-buy strategy arranged in recent days has been very successful, especially capturing the wave of Ethereum's rise, and it is expected that after a pullback to support, it will continue to gain momentum for further increases, still focusing on low buys!
Buy Bitcoin at 95000-95500, target 97000-98000, stop loss below 94500;
Buy Ethereum at 3200-3230, target 3280-3350, stop loss below 3170;
The strategy is time-sensitive, specific guidance is primarily based on real-time advice in private!
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