Bitcoin Analysis

From the recent trend, Bitcoin's price has fluctuated significantly, first dropping below the 96,000 mark, indicating certain pressure above, and the overall trend is bearish.

Resistance and Support: The upper levels of 96,000 and 97,000 are important resistance levels, where the price has encountered obstacles multiple times. The lower levels of 91,500 and 90,500 are key support levels; if broken, it could trigger a new round of decline.

Operational Suggestions: The short position at 96,000 can continue to aim for target levels of 92,000 and 91,000, with a stop loss at 97,500. If the price rebounds near the resistance level, consider adding to the short position. Aggressive traders may chase shorts after the price breaks below 91,500, targeting lower support levels.

Ethereum Analysis

Trend Analysis: Ethereum's price has fluctuated greatly recently, quickly retreating from its peak, indicating short-term bearish dominance, but due to relatively active trading volume, there is some rebound momentum.

Resistance and Support: The upper range of 3,380-3,420 is a resistance zone, while the lower levels of 3,200 and 3,100 are important support levels. The price oscillates within this range; breaking through the resistance level may strengthen, while breaking below the support level could accelerate the decline.

Operational Suggestions: Focus on short positions; when the price approaches the 3,380-3,420 resistance zone, one can enter short, with a stop loss set at 3,450. If the price quickly declines near the support levels of 3,200 or 3,100, consider reducing positions or taking profits. If the price breaks below 3,200, one can lightly chase shorts.