From the daily chart perspective, Bitcoin has formed its first bearish candle after a series of bullish days. Although the bullish trend is very strong, the increase has been large, and it can't rise endlessly. The current resistance level is around the current high (90000-89000), with support at 86000-85000. Ethereum has also seen a strong rebound and formed its first bearish candle around 3450. The current resistance level is around 3250-3280, with support at 3200-3150. There is still plenty of room above, but we need to take it step by step. Currently, we are in a phase of encountering resistance and retracing!
From the 4-hour chart perspective, Bitcoin has formed resistance at 89000-90000, having attempted to break through several times without success, and is now starting to retrace and consolidate. Pay attention to the 86000-85000 range; a break could lead to a deep correction. Ethereum is also encountering resistance at the 3380-3420 range, with attention to the 3200-3150 range for potential losses. Personally, I believe a correction is needed, as it can't keep rising indefinitely. Subsequent trading suggestions are to short at high positions!
Trading strategy: Short at high positions!
Short Bitcoin at 88000-88500, target 86000-85000, stop loss above 90000;
Short Ethereum at 3250-3280, target 3200-3150, stop loss above 3320;
The strategy is time-sensitive, primarily based on real-time private guidance!
