$BTC 7.1 Tuesday afternoon Bitcoin and Ethereum latest market analysis and trading suggestions:
When the K-line dust settles, the winners reap bloody profits and tempered experience, while the losers swallow cold losses and shattered beliefs. The same volatility curve, the same flow of time, ultimately draws the line between heaven and hell. Looking back at the morning, Bitcoin fell from a high of 107478 to a low of 106699 and is currently in a correction phase. Ethereum, in sync with Bitcoin, touched 2521 points in the morning before oscillating downward to test the 2450 support level. Qianyu once again provided precise short entry ideas in the morning and guided students to take a short position in Bitcoin, capturing over 700 points of space, while Ethereum also provided a precise exit point for a gain of 44 points!
From the current market perspective, the four-hour level shows three crows hanging and a MACD inverted duck bill indicating signs of accelerated decline. Currently, the lower Bollinger Band opens to 105800, serving as the coordinates for the bearish missile. At the four-hour level, MA5 has crossed below MA30 at 2470, indicating a short-term bearish direction. In terms of trading strategy, Qianyu suggests pursuing shorts upon breaking down, while a successful rebound that stabilizes can lead to a change in strategy.
Tuesday afternoon strategy:
Bitcoin short near 107300-107500, targeting 106000.
Ethereum can short near 2490, targeting 2400.