Bitcoin and Ethereum Market Operation Suggestions Analysis
Bitcoin broke through the 80,000 mark the day before yesterday and has been moving in a volatile upward channel. The price has now broken through the 85,000 level, with a maximum attempt to reach 85,300 but showing weakness in the pullback. In the short term, the price quickly fell below the 85,000 level, indicating that the bullish momentum has almost been fully released. There will definitely be a wave of upward spikes followed by a pullback. The short-term resistance for Bitcoin is around 85,500-86,000, and my personal strategy is still focused on setting up short positions at high levels. Ethereum successfully broke through the 16,000 level yesterday and stabilized, similarly moving in a volatile upward trend. The price has surpassed 1,669 and is facing resistance and pullback. After waiting for the adjustment to complete, there will be another spike rebound followed by a pullback. Keeping a strategy of rebounding and shorting is relatively safe, with short-term resistance around 1,680-1,730, so just maintain staggered positions near the resistance level.
Consult market btc0297
Bitcoin Operation Suggestion: Set short positions near 85,500-86,000, target: 83,500-83,000, risk control: 86,500
Ethereum Operation Suggestion: Set short positions near 1,680-1,730, target: 1,600-1,550, risk control: 1,760