Currently, from the daily chart perspective, Bitcoin has broken the new high near 120000 and gradually retreated to the support around 103000. The support level is still being tested effectively; if it does not break, the bullish trend remains unchanged. The resistance level is 107000. Ethereum has been in a range-bound fluctuation, referencing 2700-2500, with resistance at 2680-2700 and support at 2500-2450;
From the 4-hour chart perspective, Bitcoin has bounced back after retesting the support at 103000, with short-term resistance at 107000-109000. Ethereum has been under pressure at the 2700 level, with short-term resistance at 2650 and support tentatively at 2550;
Trading strategy: Currently, the market is generally in a correction phase, and you can consider placing short positions near the resistance level!
Short Bitcoin at 105500-106000, with a target of 104000-103000, and a stop loss above 107500;
Short Ethereum at 2620-2650, with a target of 2550-2500, and a stop loss above 2690;
The strategy is time-sensitive, mainly relying on private real-time guidance!
