On the daily level, Bitcoin has continued to decline, dropping to around 89,000 at its lowest point, then rebounding to test the 93,500-94,000 range, where it faced resistance and formed a pin bar. Since it has broken below 94,000, this level will be regarded as a short-term resistance. The current support can be referenced at the lowest closing point of 92,000, with a breakdown reference at the low of 89,000! Ethereum's movement is slightly stronger than Bitcoin, having tested the 3,000 level again without breaking below it. After rebounding to test the upper resistance at 3,170, it encountered resistance and fell back. This level can also be seen as short-term resistance, with temporary support at 3,000 and a breakdown reference at the low of 3,950!

On the 4-hour level, Bitcoin's current movement is as previously mentioned, essentially a downward consolidation followed by a breakdown, continuing the bearish trend. The current consolidation range is still referenced at 90,000-92,000-94,000. Ethereum's rhythm is indeed a bit stronger than Bitcoin, with the current consolidation range referenced at 3,200-3,980!

Yesterday's analysis indicated that the current market is in a consolidation phase of a downward trend, so we continued to position high-level short orders. Although the market rebounded later, it was still operating within the range, and it successfully moved down as expected. The continuous short positions have yielded significant profits, and today we will continue with short positions. If a strong rebound occurs, Bitcoin should be monitored at 94,000-96,000, and Ethereum at 3,170-3,230!

Operational Strategy:

Short Bitcoin at 92,000-92,500, with a target of 91,000-90,000, and a stop loss above 94,500;

Short Ethereum at 3,090-3,120, with a target of 3,000-2,950, and a stop loss above 3,180;

The strategy is time-sensitive, and specific guidance will be provided in private real-time!

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 operational strategies!

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。