From the daily chart, the bulls of Bitcoin have actually broken through the suppression level of the downward trend channel at 68,000. According to the top-bottom conversion, as long as the support level of 68,000 can stand firm, the subsequent market will further explore, and the next pressure level is also 69,500-70,000. The two-day shock adjustment over the weekend, the probability of continued impact this week is still very high. The Ethereum daily level is impacting the pressure level of 2,700. If the daily closing line can stand above 2,700, the next short-term pressure level is 2,760, and the support is at 2,650-2,680. In the end, the market is likely to impact 2,877, so the daily closing line is very critical.
Looking at the 4-hour chart, Bitcoin has been fluctuating at a high level after rising, and the bulls have performed very strongly. Ethereum has followed the Bitcoin trend after the fluctuations, and the bulls have made efforts to make up for the rise. It is currently hitting the 2700 line of pressure. The overall trend is still dominated by bulls. The subsequent operation suggestion is to go long with the trend!
Operational idea: Go long with the trend!
Bitcoin is long at 68200-68500, target 69500-70000, stop loss below 67500;
Go long on Ethereum at 2660-2690, target at 2760-2870, stop loss below 2650;
The strategies are time-sensitive and are based on private, real-time guidance!
