From the daily chart perspective, Bitcoin has established initial support at 89000-90000 after several days of consolidation. It is clearly showing sideways movement instead of a decline, with support continuously moving upwards. The current resistance level is around 92000-92500, and it is expected to continue pushing towards the previous high of 93500. Short-term support is at 90000-90500, while Ethereum's pullback is relatively larger than Bitcoin's, with a more regular fluctuation range. Currently, support is still referenced at 3000-3050, and resistance is at 3150-3200. A breakthrough would continue to look towards 3250-3350. If it breaks below the 3000 level, one should look downward towards the key support near 2877!
From the 4-hour chart perspective, Bitcoin's current fluctuation range is gradually narrowing and moving upwards. Attention should still be paid to the breakthrough situation at the resistance level around 92500, while support should be monitored at the 90000-89500 level. If it goes down, it will inevitably retest the bottom at around 87000-86500. One can directly chase after the continuation in either direction. Ethereum's 4-hour range is relatively regular, referencing 3200-3050, similarly, the upper continuation can reach 3350, while the lower continuation requires breaking the support at 3000!
Trading Strategy: Long at low levels!
Long Bitcoin at 90000-90500, target at 91500-92500, with a stop loss below 89500;
Long Ethereum at 3020-3050, target at 3100-3200, with a stop loss below 2990; #上市公司比特币战略