From the daily line level, Bitcoin failed to break the 100,000 mark again after consolidating in a sideways manner. The market formed a small downward trend, reaching a low of around 93,000. The short-term resistance level is 95,000-96,000, and the short-term support is referenced at 93,000-92,500. Ethereum also failed to reach the 3,500 level, testing support below but still closing above 3,350. Therefore, the current support is still referenced at 3,280-3,300, with resistance at 3,450-3,500!
From the 4-hour line level, Bitcoin is currently experiencing a pullback after hitting a high. I had previously reminded that we need to pay attention to the strength of the pullback after the high. The nodes are 96,000-92,500-90,000. The current pullback has broken the 96,000 level, so we need to pay attention to the support at 92,500. If it continues to break down, Bitcoin will likely pull back to around the 90,000 mark. Ethereum's 4-hour performance has been quite erratic, with the washout being too obvious. After a dip to 3,350, it instead rose to around 3,550. Currently, it is under pressure and has pulled back to around 3,400. I mentioned earlier that the pressure here is still quite strong. According to the top-bottom conversion theory, as long as the previous range peak of 3,150-3,200 is not broken, the bullish trend remains unchanged. The recent pullback has also formed support at 3,280-3,300, with short-term pressure at 3,450-3,500!
Operational thoughts: Focus on short positions!
Short Bitcoin at 94,000-94,500, target 93,000-92,000, stop loss above 95,000;
Short Ethereum at 3,420-3,450, target 3,350-3,300, stop loss above 3,480;
The strategy is time-sensitive, refer to private real-time guidance for specifics! #XRP市场价格动向 #比特币盘整分析