The daily level of Bitcoin closed at 72600. As mentioned earlier, the range structure is running between 71000 and 63000, and the current market has broken above the pattern. Therefore, based on the concept of turning resistance into support, the previous pressure level of 71000 has changed to support, and the pressure above is seen at 73500-75500. Ethereum's daily trend is in sync with Bitcoin, but it closed at 2125, and the market has not broken the upper resistance level of 2150. The current pressure level is at 2200-2230, with support at 2050-2100. A real bullish trend will only gain momentum if it breaks above 2230;

On the 4-hour level, Bitcoin is clearly still breaking above the high point of the consolidation zone at 72000, with support seen at 71000-70500. Currently, although Ethereum has not broken above on the daily level, it has made a break above the high point of 2150 on the 4-hour chart. This is the only variable within the trend. Future support can be looked at around 2000-2050. It is recommended to buy on the pullback!

Trading Thought:

Buy Bitcoin at 71000-71500, target 73000-75000, with a stop loss below 70000;

Buy Ethereum at 2060-2090, target 2150-2250, with a stop loss below 2020;

Strategies are time-sensitive, and specific guidance should be based on real-time private advice!

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