Currently, from the daily chart perspective, Bitcoin has once again dipped to around 104,000, encountering support and rebounding. The market has started to oscillate upwards, with the current short-term resistance level remaining at 107,000 and short-term support at 104,500. Ethereum has also dipped again to the 2,450-2,500 range before rebounding, with current resistance seen at 2,600-2,650 and support at 2,500.

From the 4-hour chart perspective, Bitcoin's support is at the 105,000 level, with resistance at 107,500-108,000. Ethereum has also effectively tested the support level of 2,450-2,500 multiple times, with resistance at the 2,600-2,650 range.

Currently, the market has undergone multiple bottom tests, confirming the effectiveness of the support. It has now broken through the narrow oscillation range, and the long positions that were previously set have successfully taken profit. It is recommended to continue going long!

Trading Strategy:

Go long on Bitcoin at the current price of 105,700-106,000, targeting 107,000-108,000, with a stop loss below 104,500;

Go long on Ethereum at the current price of 2,540-2,550, targeting 2,620-2,650, with a stop loss below 2,500;

The strategy is time-sensitive, please refer to the main page for details, and prioritize private real-time guidance!

Professional team gold medal analyst Ruo Yu focuses on contract trading guidance. Follow the WeChat public account "Coin Circle Ruo Yu" to understand real-time market analysis and trading strategies!

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