From the daily chart perspective, Bitcoin closed with a bullish candle above 96000, testing support again before starting a rebound. The overall range remains stable between 101000 and 96000, with resistance at 101000-102000 and support at 98000-96000. Ethereum, after significant declines, has entered a consolidation phase, with a small bullish candle closing above 2700 yesterday. The current resistance is at 2880-2920, and support is at 2700-2650. A strong rebound will only occur if it breaks through the 2880 resistance level, so pay close attention to this resistance level.
From the 4-hour chart perspective, after Bitcoin tested the 96000 support level, it started to rebound and is now basically stabilizing above the important support at 96000. Short-term resistance is at 99000, and if it breaks through the important resistance at 102000, it will continue to test the 106000 level. Ethereum's movement is clearly in a consolidation phase, testing both up and down. The resistance level is at 2900, and if it breaks through, it will head towards the 3000 mark, with support at 2700-2650. If it breaks below, it will look towards 2550-2500.
The entry point for the long position arranged yesterday was somewhat aggressive, and Bitcoin hit the stop-loss level. Ethereum has currently reached the first target, so it's prudent to take profits!
Trading Strategy: The current market is in a consolidation repair phase, situated at the top of the consolidation area. It is recommended to short based on the resistance level!
Short Bitcoin at 99000-99500, targeting 98000-96500, with a stop-loss above 100500;
Short Ethereum at 2850-2880, targeting 2780-2720, with a stop-loss above 2920;
The strategy is time-sensitive, and specific guidance is based on real-time private advice!