Currently, from the daily chart perspective, BTC has risen consecutively to the resistance level around 110500 and then encountered resistance and fell back. It was mentioned in previous articles that this is a top-bottom reversal area. After testing the resistance, it has fallen back, and the resistance remains effective. The support level is between 108000-106000, and if it breaks down, we will continue to look down towards around 102000. Ether has also risen consecutively to the resistance level around 4080, starting to encounter resistance and falling back, closing below the 4000 resistance level, with support at the 3800-3750 range.

Looking at the 4-hour level, BTC rebounded to the resistance level around 110500, which is also the bottom position of the previous market. After breaking below, it turned into a resistance level. Sure enough, after testing the pressure, the market began to fall back. The support remains at 108000-106000, while Ether tested the upper pressure at 4080 and started to fall back, with support at 3800-3750.

Currently, there is resistance above and support below in the market. Let's first judge the operation based on the local box structure. It is close to the support level now, so you can try a low-position long position!

Aggressive short-term trading strategy:

Current price BTC 107300-107800 long, target 109000-110000, stop loss below 106300;

Current price Ether 3840-3870 long, target 3950-4000, stop loss below 3790;

Strategies are time-sensitive, primarily focusing on private real-time guidance!

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