$BTC $ETH Trader Yuxin: 2.27 Bitcoin and Ethereum continue to consolidate and look bullish. A pullback to 6.65 remains a good opportunity to go long.

Based on the daily chart, Bitcoin closed with a small doji yesterday, indicating a temporary pause in the rally. Currently, the price has stabilized above the MA5/10 daily moving averages. The next resistance is at the MA30 daily moving average, around 70,000. As long as the price pulls back to 6.65-6.7 without breaking below, it can still be used as a buying opportunity for a bullish move. On the 4-hour chart, the price mainly oscillates around the MA120, so watch for a confirmed breakout above this level. Short-term support is at 6.7, which is the 1-hour MA256.
On the daily chart, Ethereum remained below the MA30 yesterday. In the short term, as the MA30 continues to decline, a breakout above this level around 2100 could lead to a continued rebound. The 1-hour chart clearly shows support at the MA256. If the price pulls back again near this level today, it can be used as a buying opportunity for a bullish move.
Midday trading ideas (Time of writing: 14:50):
BTC: Go long at 6.7, add to longs on pullback to 6.6, target 70,000/71,000; short at 7.2 expecting a 2000-point pullback.
ETH: Go long above 2000, add on pullback to 1950, target 2100/2150; short at 2250/2350 expecting a 100-point move.
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