The daily chart shows Bitcoin continuing its upward trend to above 93,000. After breaking through the lower half of the box structure, it has been moving northward, currently reaching the top of the box at 94,500, with the bottom at 84,500, and the intermediate support at 90,000! Ethereum also continues its upward trend to above 3,200. After breaking the lower half of the box, it has been rising steadily. Currently, it has reached the next expected resistance level at 3,230, with a breakout potential towards 3,320-3,420!
On the 4-hour chart, Bitcoin has clearly reached the top of the box structure. After testing the resistance once, it has started to pull back. As mentioned yesterday, a break below the intermediate resistance at 90,000 could see it rise to around 94,500. Yesterday's long positions were entered profitably and exited. Ethereum is also performing as expected, currently at around 3,230. Future movements depend on whether it breaks through, potentially reaching 3,320-3,420!
Currently, after a pullback, the market is expected to test the top of the box structure a second time. The long positions on Bitcoin and Ethereum from yesterday were successfully taken profit on. You can continue to hold long positions on pullbacks!
Trading ideas:
Buy on Bitcoin at 93,000-93,500, targeting 94,500-95,500, with a stop below 92,000;
Buy on Ethereum at 3,200-3,230, targeting 3,280-3,350, with a stop below 3,150;
Strategies are time-sensitive; specific guidance will be provided privately in real-time!