The daily level for Bitcoin has formed an upward pin bar bearish K line, and the overall box structure is obvious, with the top at 94500 and the bottom at 84500, while the middle pressure point is at 90000. Currently, the market is being suppressed at this point and has started to fall back! Ethereum is still stronger than Bitcoin overall, remaining in a box structure, with the top at 3320, the bottom at 2770, and the middle pressure point around 3030. It is also experiencing a brief suppression before starting to fall back!
At the 4-hour level, Bitcoin's box structure looks even more apparent, with the top at 94000, the bottom at 84000, and the middle pressure point at 90000. It has now broken below the support level of 88000 that was built over the past few days. Ethereum is still operating within the box, with the top at 3250, the bottom at 2770, and the middle pressure point at 3030. Although it has fallen back, it has not broken below the support level of 2930 established in the previous days!
The market has started to fall back after reaching the middle pressure point of the box structure. Future operations suggest continuing to go long!
Operation thoughts:
Long Bitcoin at 87000-87500, target 88500-90000, stop loss below 86000;
Long Ethereum at 2940-2960, target 3050-3100, stop loss below 2900;
The strategy is time-sensitive, with specifics to be based on real-time private guidance!
