Monday Afternoon Strategy: Continuation of Long Positions for BTC and ETH, Key Level Layout Ideas

BTC Analysis

After a drop from around 119000 in the early morning, effective support was formed in the 118000 area—this position happens to be the upper edge of last week's oscillation range, as well as the confirmation point for the previous breakout's pullback. The support strength meets expectations. Then it quickly rebounded above 122000, showing a 'bottoming and rising' pattern on the hourly chart, with trading volume gently expanding alongside the rebound, indicating continued willingness to hold long positions.

Currently, the price is stable above the integer level of 121000, and the short-term upward structure has not been broken. The first resistance level above looks towards 123000 (previous high point resistance), and if it can break effectively, the next target can be seen at 135000 (Fibonacci 1.618 extension level).

Operational Advice: Enter long positions in the 121000-121500 range, with a stop-loss reference below 120000, targeting 123000-135000.

ETH Analysis

In sync with BTC's rhythm, it stabilized after retracing to the 3150-3230 range, which is the trend support line position for recent oscillations upward, forming a linkage with BTC's 118000 support. The daily MACD red bars continue, and bullish momentum has not significantly weakened.

The upper level of 3360 is the upper boundary of short-term oscillation, and after breaking through, it can look towards 3500 (previous high point and integer level resonance point).

Operational Advice: Enter long positions in the 3150-3230 range, with a stop-loss below 3100, targeting 3360-3500.

Overall Idea: The bullish trend continues, with pullbacks to key support levels being opportunities for trend-following layouts, focusing on the effectiveness of breakthrough at resistance levels, not chasing highs, relying on support for defense #BTC重返12万 #ETH突破4300 #BTC #ETH #BTC走势分析