Analyst Liang Qiu: 8.2 Bitcoin/Ethereum Trading Strategy with Market Analysis

Bitcoin/Ethereum have significantly declined in the past two days, perfectly validating the market thought process. Currently, after the pullback since last night, the market has entered a narrow range of fluctuations, with an overall weak rebound trend. The larger trend remains bearish, although there is some demand for a rebound after a short-term break. The key levels to watch are the resistance at 115000 for Bitcoin and 3580 for Ethereum, but the market is weak, and the rebound is not obvious or strong. On the downside, watch for support at 112000 and 3350; if it breaks down again, the market will directly see levels below 110000 for Bitcoin and 3200 for Ethereum. However, until a break occurs, we should observe the trend step by step.

On the four-hour level, after a rapid decline in the early hours, there has been some stabilization, but the stabilization is weak and fluctuating without any major upward movement, indicating a continuation of the downtrend. However, in the short term, after a pullback, we can rely on the short-term support to go long for a weak rebound, and then enter short after a rise.

Operational suggestions: Go long on Bitcoin around 113000 to 113500, targeting around 114500; go long on Ethereum around 3450 to 3470, with a short-term target of around 3520. For the upper levels, enter around 3530 to 3550 and 114500 to 115000; look for support around 3450 and 113000. The post has time sensitivity, and specifics depend on real-time data. #加密项目