From the daily chart, Bitcoin (BTC) is generally on an upward trend, but when it reached the key resistance level of 94000, it couldn't push through and turned down. This indicates that this resistance level is quite strong. As mentioned before, if it can break through this resistance level, Bitcoin might head straight for 100000; if it can't break through, it will continue to fluctuate within this range. Ethereum (ETH), on the other hand, has shown a breakout trend, having actually pushed past the resistance level of 3230. The new resistance level is now 3400, and if it pushes through that, 3600 is also a possibility. The support level has now changed to 3230. The trends of Ethereum and Bitcoin are not quite the same, so moving forward, either Bitcoin will catch up, or Ethereum will drop back.

Looking at the 4-hour chart, Bitcoin just touched the top of the range at 94000 and was pushed back down, unable to break through. Ethereum, however, has already broken through the top of the range, with the short-term resistance level between 3380 and 3450. If it pushes through that, 3630 is also likely, with support at 3300 to 3230.

Yesterday, I set up a short position because I thought Ethereum hadn't dropped to the bottom of the range yet, but I later stopped out. However, I also mentioned before that if it breaks through the range, you have to follow the trend and jump in. The current issue is that Bitcoin hasn't broken through, while Ethereum has, and the two are not in sync. Therefore, I suggest that in future operations, you should first set up long positions based on the breakout situation.

Trading advice:

Go long on Bitcoin between 91500 and 92000, with a target of 93000 to 94500. If it drops below 90500, stop loss.

Go long on Ethereum between 3250 and 3280, with a target of 3350 to 3450. If it drops below 3200, stop loss.

Strategy depends on timing, and specific operations should refer to the latest updates in my homepage chat room. If you want to delve deeper into this circle but can't find a clue, and want to quickly learn about information gaps, you can click on my avatar to follow for more firsthand information and in-depth analysis. #加密市场观察