From the daily perspective, Bitcoin, after experiencing several days of consolidation, has formed a bottom support around 89000-90000. The support has been continuously moving up, and it has currently broken through the previous high near 98500, just one step away from 100000. Short-term support is referenced at 97000-96000, with resistance at 98000. Yesterday, it was expected that the market would continue to rise to around 94000; unfortunately, the long positions were not able to enter. Ethereum continues to maintain volatility, with a relatively regular volatility range. The current support is still referenced at 3000-3050, resistance at 3150-3200, and if it breaks through, it can continue to look up to the line of 3250-3350. If it breaks below 3000, we need to look down to the key support near 2877!
From the 4-hour perspective, Bitcoin has currently broken through the consolidation range and continues to rise gradually. There is again no resistance above. Next, we need to pay attention to the situation between 92500-93000. As long as it doesn't break this level on a pullback, the bullish trend remains strong. Ethereum's 4-hour range is relatively regular, with reference points of 3200-3050. Similarly, the upper limit can extend to 3350, while the lower limit needs to break the support level around 3000!
Trading idea: The low position long Bitcoin yesterday was not able to enter, but the trend judgment was correct. Today, we can adjust the entry position and continue to long at a low position. Ethereum basically aligns with the idea, and when the target is reached, it can be safely taken profit, continuing to focus on low longs!
Long Bitcoin at 96500-97000, target 98500-100000, stop loss below 96000;
Long Ethereum at 3100-3130, target 3180-3220, stop loss below 3070;
The strategy is time-sensitive, primarily based on real-time guidance privately!
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 operational ideas!
