On Tuesday, the Bitcoin market pulled back from the morning high of 103080 to a low of around 101400 before stopping, followed by a rebound that recovered, with the midday market reaching a high of around 102727. Ethereum mirrored Bitcoin, with the market rebounding from a morning low of around 2414 to a midday high of around 2462. The bullish strategy provided by Sheng in the morning came to fruition, with the accurately positioned Bitcoin long order entered near 101781 and exited near 102685, capturing a space of 900 points. In leading my students towards success, I always adhere to a professional, pragmatic, and humble attitude, and I firmly believe that making money is not achieved overnight; it requires continuous learning, precise strategies, and relentless effort to go further on this path and create one's own brilliance.
According to the current market situation, the four-hour level shows that the market, after experiencing a round of pullback, presents an alternating pattern of bullish and bearish movements, and the market is closely following the lower Bollinger Band, indicating strong support below. The bears have not been able to provide substantial breakthroughs after multiple tests. From the one-hour level perspective, the market has risen to the middle track of the Bollinger Band. Although the bears have provided a corresponding pullback, the pullback strength is small and lacks momentum. The three lines of the KDJ indicator continue to extend upward after forming a golden cross, and the MACD indicator values have returned to the positive zone. However, since the middle track of the Bollinger Band is still in a downward trend, it is likely that the market will first pull back and then rebound, so in the afternoon, we maintain a strategy of going long after a pullback.
Bitcoin can go long near 101500-101800 with a target of 103500.
Ethereum can go long near 2415-2430 with a target of 2550.
