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Bitcoin daily chart has confirmed the previous forecast of a second upward move, successfully breaking through the 94500 resistance at the top of the range, currently touching the 95000 level. From a structural perspective, the previous range top has now turned into a support level, which is a classic top-bottom reversal logic. The resistance points above are concentrated between 95500 and 96500. If the price continues to rise, the 100000 mark is likely to become the next target.
Ethereum's performance is also good, showing an expected upward trend, currently approaching the top of the range structure around 3320. However, whether it can effectively break through this level still needs to be observed. Recent support levels are between 3250 and 3280, with resistance locked at 3320. If a breakout occurs, 3400 is just around the corner.
Turning to the 4-hour chart, the situation becomes clearer. Bitcoin has clearly broken out of the range with strong momentum. Although Ethereum shows signs of a breakout, the previous high of 3400 still acts as resistance, which should not be underestimated. Reviewing the analysis from the past two days, Bitcoin has effectively broken out of the narrow trading range, while Ethereum remains repeatedly pressured at 3170, with support at 3080. It is worth noting that the long positions laid out a few days ago performed quite well, with profit potential fully realized. The strategy now can be to hold long positions based on support levels.
The specific trading approach is as follows: Bitcoin can consider entering long positions between 94000 and 94500, targeting 95500 to 96500, with a stop loss below 93500. Ethereum can be positioned between 3260 and 3290, targeting 3350 to 3430, with a stop loss below 3200. Everyone's risk tolerance is different, so this strategy is for reference only. Actual trading should be adjusted flexibly according to your own real-time situation.