From the daily perspective, Bitcoin continues to close positively around 91300. After breaking upwards, the market has been in a high-level consolidation. The current resistance level is between 91500-92000, and if it continues to rise, we are looking at 93000-94500. Support is at 90500-90000, and if it breaks down, we look at 88000-87000! Ethereum has formed a doji candle above 3000, and the market is encountering strong resistance around 3030-3100, with further resistance at 3170. Support is at 2950, and if it breaks down, we look at 2850!
On the 4-hour level, Bitcoin has experienced a strong upward surge followed by a narrow range consolidation, with the range between 92000-90500. If it breaks upwards, we look at 93000-94500; if it declines, it may return to 88500-86500. Ethereum is moving in sync, with a range between 3080-2980; if it breaks upwards, we look at 3100-3200, and if it declines, it may return to 2950-2850!
Yesterday, we continued to implement a low-position long strategy. Although the market has remained in a high-level consolidation, both Bitcoin and Ethereum have reached the first target level as expected, and are only one step away from the second target level. We can continue this approach moving forward; those who have not exited their long positions can reduce their holdings and continue to hold for upward movement!
Trading Ideas:
Long Bitcoin at 90200-90700, target 91700-93000, stop loss below 89000;
Long Ethereum at 2970-3000, target 3070-3170, stop loss below 2920;
The strategy is time-sensitive; please refer to private real-time guidance for specifics!
