Tuesday Midnight Bitcoin and Ethereum Latest Market Analysis and Summary
The daily market has basically ended. Early in the morning, Bitcoin dropped to the low of 100678 after a breakout, followed by a fluctuating upward trend, continuously raising the lower and upper price levels. In the evening, the fundamental news was loud but did not lead to significant market fluctuations. Throughout the day, we consistently provided bullish insights, and during the midday low positioning, we captured a profit of 1323 points before exiting. Later in the afternoon, as the live market fluctuated upward, we accurately predicted breaking through the 103000 level, allowing us to capture another 523 points before exiting. Ethereum also synchronized to a low of 2406 early in the morning, underwent a fluctuating adjustment in the morning, and continued to rise in the afternoon; it is still exploring higher levels. Currently, a pullback on the charts does not change the current trend. As the bulls continue to exert strength, the bullish strategy will remain in place.
Looking at the current market situation, after the CPI data was released in the evening, Bitcoin experienced a brief upward movement, but quickly retraced the gains. On the daily chart, Bitcoin's rise could not sustain momentum, and the fluctuations during the day were significant, with movements exceeding five thousand points. The market moved rather quickly in the evening, and when entering, one needs to grasp the right entry points. On the 4-hour chart, the price has broken through the pressure from the middle track, and it is currently running near the upper side of the middle track. The opening of the Bollinger Bands is stabilizing, and overall, it is oscillating within a range. In the early hours, it is still recommended to follow the bullish strategy provided by the white line for pullbacks. Pay special attention to the gains and losses at the 103000 level; if it breaks, one can appropriately follow up, with everything based on real-time market conditions.
Midnight Trading Suggestions:
For Bitcoin, it is recommended to buy in the range of 103000-103500,
Target: 105000.
For Ethereum, it is recommended to buy in the range of 2550-2580, Target: 2650.
