From the daily chart perspective, Bitcoin has closed with a bearish candle for the first time after a series of bullish candles, the bullish trend is very strong, but the price increase has been substantial, so it cannot continue to rise mindlessly. The current resistance level to watch is the recent high (90000-89000), and the support level is tentatively set at 86000-85000. Ethereum has also seen strong gains and is approaching around 3450 before closing with a bearish candle for the first time. The current resistance level to watch is around 3250-3280, and the support level is tentatively set at 3200-3150. There is still ample upward space, but it also needs to be observed step by step. Currently, we are in a stage of encountering resistance and pulling back!
From the 4-hour chart perspective, Bitcoin has formed a resistance level at 89000-90000, having attempted to break through several times without success, and has started to pull back for consolidation. The lower level to focus on is 86000-85000; if it breaks down, there could be a significant correction. Ethereum also faces resistance at 3380-3420, while the lower level to watch is the situation around 3200-3150! I personally believe a correction is needed, as there cannot be continuous rises. Therefore, the suggested strategy is to short at high levels!
Trading strategy: Short at high levels!
Short Bitcoin at 88000-88500, with a target of 86000-85000, and stop loss above 90000;
Short Ethereum at 3250-3280, with a target of 3200-3150, and stop loss above 3320;
The strategy is time-sensitive, and specific guidance should be based on real-time private consultations!