The market on Tuesday, $BTC , has also come to an end. Looking back at the intraday to overall market, Bitcoin started to rally and rose high last night, but in the morning, it hit resistance around 106050 and experienced a slight pullback. During the day, it basically oscillated around the range of 105000-106000. Although Bitcoin's price rebounded slightly in the evening, breaking through the 106000 level, the overall market did not provide a continuation of the upward trend and fell below the 106000 mark again. Ethereum's price adjusted to around 2374 in the afternoon and then stopped falling and rebounded. In the evening, the price exhibited a slow upward trend, gradually rising.

On Tuesday, we mainly focused on short positions as the main strategy, successfully capturing a total of 3561 points for Bitcoin and 161 points for Ethereum. Tuesday ended perfectly!

From the current 4-hour candlestick trend, the market has experienced a strong rebound. A solid large bullish candlestick surged from the middle band of the Bollinger Bands, breaking through multiple moving average pressures and reaching near the upper band. However, the good times were short-lived, as the price did not continue near the upper band; instead, bears tightened their grip, forming a bearish candlestick with a significant long upper shadow. This shooting star candlestick is particularly striking, indicating that bulls faced heavy selling pressure during their upward assault. From a technical perspective, this position is not only the resistance level of the upper band of the Bollinger Bands but also a strong resistance area of the previously dense trading zone. The market is experiencing a fierce tug-of-war between bulls and bears at this point, and the appearance of the long upper shadow bearish candlestick suggests that the price may enter a consolidation phase in the short term. On Tuesday midnight, we will first look for a bearish move.

Bitcoin: Short around 105500 with a short-term target of 103500.

Ethereum: Short around 2480 with a short-term target of 2380.