The weekly level of Bitcoin has closed with a bullish candle, but the key weekly resistance level for Bitcoin is 94000, while Ethereum's 3200 line has not effectively broken. On the daily level, Bitcoin shows a steady upward trend, with the current key resistance level still effectively at 93500-94500. The market tested this area once and then retreated to support at 89000. It is expected to test the pressure again, breaking the level may reach 100000. If it cannot break, it will form a new range for continuous adjustment as previously mentioned. Ethereum is moving in sync, and its current key resistance level at 3230 is still effective. The market also tested this area once and then retreated to support at 3000. It is expected to test the pressure again, breaking the level may reach the 3600 line. Similarly, if it cannot break, a new range structure will initially form for adjustment!
On the 4-hour level, both Bitcoin and Ethereum are in a trend of retracing to support and then testing the top again. If the range structure is maintained, it will rise and then fall back. After breaking, continue to look upwards! The market is currently near the pressure level above the range structure, so it is recommended to lay out short positions for future operations!
Trading Idea:
Short Bitcoin at 93500-94000, target 92500-91000, stop loss above 95000;
Short Ethereum at 3200-3230, target 3100-3050, stop loss above 3280;
The strategy is time-sensitive, specific guidance is subject to private real-time advice!
