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The daily chart shows Bitcoin once again reaching around 71,500. As previously mentioned, the box range operates between 63,000 and 71,000. Currently, it has broken below the narrow range of 65,000-68,000. The resistance level is at 71,500, and support levels are at 69,000-68,000. Ethereum's daily trend is synchronized with Bitcoin, breaking below the narrow range of 1,900-2,000 and reaching near 2,100 again. The previously mentioned box operates between 1,800 and 2,150. Currently, the resistance is at 2,100-2,150, and support is at 2,000-1,920.
On the 4-hour chart, Bitcoin and Ethereum are steadily rising toward the top of the box structure. Bitcoin's range is 71,500-62,500, Ethereum's is 2,150-1,800. The current price is near the resistance level, suggesting a short position at high levels!
Trading strategy:
- Short Bitcoin at 71,200-71,500, targeting 70,000-69,000. Stop above 72,500.
- Short Ethereum at 2,070-2,090, targeting 2,000-1,950. Stop above 2,150.
This strategy is time-sensitive; specific guidance will be provided privately! #加密市场上涨 #比特币反弹 #美伊局势影响