The analysis from the previous day indicates that the market has reached the expected bullish target. Moving forward, we need to shift our strategy to short and look for a correction!

On the daily level, Bitcoin opened and closed with a bearish candle near 90800. The market tested the resistance level of 93000 before starting to pull back, closing still below 91500. Currently, the resistance level between 91500-92000 is valid; a breakout is needed to continue looking towards 93000-94500. Support is at 90500-90000, with a breakdown looking towards 88000-87000! Ethereum closed with a doji candle near 3030, and the market also tested the resistance level of 3100 before starting to pull back, closing still below 3030. Currently, the resistance level between 3030-3050 remains valid; a breakout is needed to continue looking towards 3170, with support at 2950 and a breakdown looking towards 2850!

On the 4-hour level, Bitcoin oscillated at high levels before gathering strength to test the level between 92500-93000 and encountered resistance and pulled back. A breakout looks towards 93000-94500, while a decline returns to 88500-86500. Ethereum follows the same trend, gathering strength to test the level between 3080-3100 before encountering resistance and pulling back. A breakout looks towards 3170, while a decline returns to 2950-2850!

The Bitcoin and Ethereum long positions laid out the day before finally achieved the expected final target last night, with Bitcoin at 93000 and Ethereum at 3100. The long positions laid out yesterday did not get filled but broke out, but it is emphasized that the long positions from the previous day can continue to hold for further upside. Currently, the market has reached the expected target, and the subsequent need is to shift the strategy to short for a pullback!

Operational strategy:

Short Bitcoin at 91000-91500, target 90000-89000, stop above 92500;

Short Ethereum at 3030-3060, target 2950-2900, stop above 3100;

The strategy is time-sensitive, please refer to private real-time guidance for specifics!

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