At the 4-hour level, Bitcoin is currently experiencing a pullback after a rise. I have previously reminded that we need to pay attention to the strength of the pullback after the rise. The key levels are 96000-92500-90000. The current pullback has broken the 96000 level and has tested the 92500 level once. It is currently hovering nearby. Therefore, the focus going forward should be on the support at the 92500 level. If it continues to break down, Bitcoin will likely retrace to around the 90000 level. Ethereum has already retraced to the 3300-3280 level on the 4-hour chart. According to the concept of top-bottom conversion, as long as the previous range peak at 3150-3200 is not broken, the bullish trend remains unchanged. The recent pullback was indeed a new round of upward movement after testing the support at 3280-3300. The short-term pressure is at 3350-3400!

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