From the daily level, after Bitcoin tested the bottom line of 84000 twice and rebounded upwards, it is currently testing the resistance line of 93000. If it breaks through, we can look at 94500-95500, with support shifting to 90500-91500. Ethereum is synchronously moving, after testing the bottom line of 2750 twice and rebounding upwards, it is currently testing the pressure at 3080-3100. If it breaks through, we can look at 3170-3230, with support shifting to 3000-3030!
On the 4-hour level, Bitcoin and Ethereum rebounded after testing the bottom again. Bitcoin is at 93000 and Ethereum at 3100. It was previously analyzed that if the second test fails to break through, it will form a box structure for adjustment. Currently, the box structure has not yet formed, and we can look at Bitcoin 94500-96000 and Ethereum 3170-3230. If there is resistance and a pullback occurs, the box structure can be confirmed!
The bearish view analyzed the day before is also based on the layout of the second test, and real-time evidence has met expectations. However, regarding the process and strength of the rebound, it is still uncertain. Therefore, currently near the resistance level, it is recommended to continue to operate with short positions!
Operating idea:
Currently, short Bitcoin at 92800-93300, target 91000-90000, stop loss above 94000;
Currently, short Ethereum at 3080-3100, target 3000-2950, stop loss above 3180;
The strategy is time-sensitive, please refer to private real-time guidance for specifics!
