Bitcoin, Ethereum Afternoon Thoughts

Bitcoin has shown little volatility from midnight until now, mainly operating within a range, with upper resistance at 1150 and lower support at 1130. As long as it stays within this range in the short term, one can sell high and buy low.

Ethereum is showing a relatively strong trend. After the US stock market dropped to the 4100 support last night, it has risen to around 4375, currently oscillating and adjusting in the 4300 area. In the short term, the pullback force is limited, and the strategy is to buy on the pullback.

For Bitcoin, buy near 1136 and 1132, with a target of 1150. If it breaks 1160, and if it fails to break resistance above, consider a short sell on a pullback.

For Ethereum, buy near 4290 and 4270, with a target of 4400. If it breaks 4500, and if it fails to break resistance above, consider a short sell on a pullback.