$BTC 7.1 Tuesday evening Bitcoin and Ethereum latest market analysis and trading suggestions:
You thought you were buying the dip, but it was actually the dealer's trap! Does the market take off after a liquidation? Congratulations, you have become human fuel. When you start comforting yourself with a Zen attitude while holding onto your coins, your wallet has already entered a vegetative state. Why can others succeed while you cannot? Looking back at the afternoon, Bitcoin dropped from a high of 107149 to a low of 106264 and is currently in a correction phase. Ethereum mirrored Bitcoin, touching 2478 and then oscillating down to a low of 2444.
From the current market perspective, the four-hour Bollinger Band's lower boundary is at 106300, and the MACD histogram's green bars are shortening. On the hourly chart, the RSI at 34 forms a bottom divergence with the new price low, while the MACD green bars are contracting and the DIFF line is flattening, indicating a reduction in bearish momentum. For evening trading, a low long strategy is suggested; if the rebound fails, consider changing strategies.
Tuesday evening strategy:
Buy Bitcoin around 106000, targeting 107500.
Buy Ethereum around 2420, with a target of 2500.