Currently, from the daily chart perspective, Bitcoin has retreated after testing the resistance level around 122,300 twice, with support still holding at the 120,000 mark. It is currently operating within this range, with a breakout target of 125,000-126,000 and a breakdown target of 118,000. Ethereum similarly tested the 4,500 level before retreating again, with support at the 4,270-4,300 range and a breakdown target of 4,100, while the resistance remains around 4,500.

From the 4-hour chart perspective, Bitcoin rebounded after a dip near 120,000, with short-term resistance forming at the 122,300 level and support at 120,000. Ethereum's performance is weaker, with short-term resistance at 4,400-4,450 that has not been broken, and support at 4,300-4,270.

The short position set near the resistance level laid out yesterday has successfully taken profit, and the current rebound is weak. Future operations should maintain short positions at high levels!

Trading Strategy:

Short Bitcoin at 122,000-122,500, with a target of 120,500-119,000, and a stop loss above 124,000;

Short Ethereum at 4,370-4,400, with a target of 4,300-4,200, and a stop loss above 4,450;

The strategy is time-sensitive, please refer to the main page for details, and prioritize private real-time guidance!

Professional team gold medal analyst Ruo Yu focuses on contract trading guidance. Follow the WeChat public account "Coin Circle Ruo Yu" to understand real-time market analysis and trading strategies!

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