1.7 Bitcoin and Ethereum Trend Analysis and Trading Strategy!

On the daily chart, Bitcoin rose to the top of the 94500 range before closing lower. We've consistently emphasized that a break above the intermediate resistance level would lead to the top, and the current structure remains valid: top at 94500, bottom at 84500, and midpoint at 90000. Ethereum also continued its upward trend, reaching around 3300. Since breaking through the intermediate resistance level of its range, it has been steadily rising. As previously stated, a break above 3030 would target 3320-3420, which has now been reached. The daily range remains valid: top at 3320, bottom at 2770, and midpoint at 3030. On the 4-hour chart, Bitcoin has clearly reached the top of its trading range, having tested it twice without breaking through. The range structure is currently valid, and yesterday's long positions have again yielded profits. Ethereum is also largely as expected, having tested the 3230 level twice before falling back. Yesterday's long positions also successfully took profits. The focus now is on the strength of the pullback, with strong support at 3200-3030. Currently, the market has followed the expected double top test and is starting to fall. Yesterday's Bitcoin and Ethereum long positions have successfully taken profits, and shorting at higher levels can continue. Trading strategy: Bitcoin: Short at 92000-92500, target 91000-90000, stop loss above 93500; Ethereum: Short at 3230-3260, target 3180-3100, stop loss above 3300. These strategies are time-sensitive; please refer to the homepage for specific details and private real-time guidance.