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Weekly level Bitcoin and Ethereum both close with 4 consecutive bullish candles.
Next weekly resistance for Bitcoin is at 86,500, Ethereum at 2,550-2,750.
On the daily chart, Bitcoin continues to close bullish near 78,600, with the current resistance at 79,500 holding effectively, and support at 77,000.
As long as this level holds, the bulls remain strong; a deep correction is possible if broken.
Ethereum continues to close bullish near 2,370, with resistance at 2,400-2,420 still holding effectively, and support at 2,300-2,280.
As long as this level holds, the bulls are not weakened; a deep correction is also possible if broken.
On the 4-hour chart, Bitcoin is advancing step by step.
After a pullback to support at 74,000, it gathered strength to break new highs to 79,500.
After a pullback to support at 77,000, it gathered strength again to rise to the resistance at 79,500 for a second test.
Currently, it has pulled back again, with support still at 77,000.
Ethereum's movement is slightly different.
After a pullback to support at 2,250, it gathered strength to rise but failed to break the previous high at 2,460, only reaching 2,420 before facing resistance and falling back.
After a second pullback to support at 2,300, it gathered strength to rise again.
It is still under pressure at 2,420, with support remaining at 2,300-2,280.
Trading strategy:
The market has now pulled back near support levels.
It is recommended to position long orders near support!
Buy Bitcoin at 76,500-77,000, target 78,000-79,500, stop loss below 76,000.
Buy Ethereum at 2,280-2,300, target 2,350-2,420, stop loss below 2,250.
Strategy is time-sensitive; specific guidance will be provided privately!
#WCTC交易王PK #比特币突破7.9万美元 #加密市场普遍上涨