On Tuesday morning, the Bitcoin market experienced a relatively strong pullback, with prices dropping from a high of 108,900 to a low of 106,068. Ethereum's morning movement synchronized with Bitcoin, with the market retreating from a high of 2,680 to a low of 2,524 before stopping. The bearish outlook provided by Sheng Ge in the morning was realized, and the Bitcoin and Ethereum short positions set up simultaneously in the morning were entered around 107,827 and 2,589 respectively, with profit-taking suggested near 106,355 and 2,537. The Bitcoin short position gained 1,500 points, while the Ethereum short position gained 52 points.

According to the current market situation, the four-hour level shows that after a significant bearish pullback, the bulls are starting to gain momentum, and prices are entering a rebound recovery. The middle line of the Bollinger Bands is showing an upward trend, and the MACD indicator values are continuously accumulating in the positive range, indicating that the overall trend still leans towards bullish. From the one-hour level, after experiencing a round of decline, the market has stopped and rebounded. Currently, the price is running near the middle line of the Bollinger Bands. Although both bulls and bears are struggling in the short term, the previous pullback has clearly established a bottom. Therefore, in the afternoon operations, we will adopt a low-buy strategy after a pullback.

Bitcoin can be bought near 106,500 with a target of 108,500.

Ethereum can be bought near 2,550 with a target of 2,700.