Tuesday Afternoon Analysis of Bitcoin and Ethereum

As we move into the afternoon, following the market movements from the early morning and dawn, the subsequent price comparisons have not shown much fluctuation, maintaining an overall range-bound consolidation. Both bulls and bears have decent space to operate. Based on my experience, this is the best time for 'fat warehouses' recently; as long as you can grasp the market range, it's essentially a feast. Currently, Bitcoin is consolidating in the range of 106500-108500, while Ethereum is oscillating in the range of 2380-2520. Don't just sit there enviously staring at those indecipherable candlestick charts; let me provide you with a detailed analysis, follow my lead, and start your path to recovery.

From a 4-hour perspective, Bitcoin is currently operating near the lower Bollinger Band, with the Bollinger Bands maintaining a stable narrow oscillating trend. However, from a technical analysis perspective using MACD and RSI, bearish momentum is likely to continue. Although the downward space is limited, we can consider entering long positions at lower levels, mainly focusing on whether the support level at 106500 can hold. Ethereum is currently closely following the upper Bollinger Band, with the Bollinger Bands gradually opening up. According to MACD, the death cross condition remains unchanged, and the green momentum bars are steadily increasing. At this point, it appears that the market is temporarily without reversal, oscillating around 2480 in a narrow range.

Operational Suggestions:

For Bitcoin, consider entering in the range of 106500-107000, with a target of 107800.

For Ethereum, consider entering in the range of 2430-2450, with a target of 2500.