Currently, from the daily chart perspective, Bitcoin has rebounded after testing the 100,000 level again, rising steadily. The current resistance level is still seen at 106,500-107,000, with support at 104,000. Ethereum followed Bitcoin down to 2,400 before rebounding, with the current resistance level at 2,530-2,550, and if it moves up, it will look at 2,600, with support at 2,450 and a downward target at 2,400.
From the 4-hour chart perspective, Bitcoin has started to rise steadily after testing the support at 101,000, with short-term resistance at 106,500-107,000 and short-term support at 104,000-103,500. Ethereum has been operating within a range, with major resistance at 2,700, short-term resistance at 2,600, and support currently at 2,450.
Trading Strategy: The current market is generally in a correction and rebound phase. The long positions in Ethereum set yesterday have successfully reached the target for profit-taking, and further low-position buying can be considered!
For Bitcoin, buy at 104,500-105,000, with a target of 106,000-107,500, and a stop loss below 103,500;
For Ethereum, buy at 2,460-2,490, with a target of 2,550-2,600, and a stop loss below 2,430;
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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