5.2 BTCÐ Analysis
Bitcoin experienced a significant breakout above 97 yesterday, and today it has retraced back above 96, but this is a normal structural repair for high-level fluctuations at this stage.
The current market continues to exhibit a trend of oscillating upward, with Bitcoin maintaining its position within an ascending channel. Short-term support is around 95800, and the key support levels are at 94500-94200. If it can stabilize, there is a chance to challenge the key resistance levels of 97400 and 98500. ETH: 1-hour level oscillation adjustment, support to watch around 1,800. If it stabilizes, there is a chance to challenge the positions of 1860 and 1900.
Operational Strategy:
Bitcoin Long Position: Enter in batches between 95800-96200, target 97300, stop loss at 94500.
Ethereum Long Position: Enter long at 1805, target 1860, stop loss at 1755