$BTC 7.8 Tuesday afternoon Bitcoin and Ethereum latest market analysis and trading recommendations:

Here, failure is the norm, success is the exception. Only by transforming every setback into experience can one build their own moat amidst the chaos. Looking back at the morning, Bitcoin reached a high of 108468 before facing downward pressure, touching a low of 107402, and then rebounding again to the high point of around 108400 at noon. Similarly, Ethereum dipped from around 2553 to a low of 2522 in the morning, also giving a rebound, currently reaching a high of 2562. The morning's low long strategy captured over 650 points for Bitcoin, while Ethereum captured 34 points.

From the current market perspective, the battle between bulls and bears is quite intense. The four-hour level is again showing a converging range pattern, which is usually seen as a precursor to a trend change. The key lies in confirming the direction after a breakout. An effective breakthrough at key levels will open up a sustained market. Currently, there is a continuation of range-bound volatility adjustments in the short term, but the Bollinger Bands are tightening further, compressing the volatility space, while technical indicators are dulling, reducing directional guidance. In the afternoon, the strategy suggested by Qianyu is to wait for a pullback to enter long positions, and before any breakout, operate with high selling and low buying within the range.

Tuesday afternoon strategy:

Buy Bitcoin around 107800-107500, with a target focus on 109500.

Buy Ethereum around 2520, with a target focus on 2600.