Yesterday, Bitcoin quickly stabilized and rebounded after probing a low of 116370 in the early morning, rising to 119720 in the afternoon, releasing nearly 3300 points of bullish space. The Zhuowei team made timely arrangements, capturing 2849 points; in the afternoon, Bitcoin fluctuated within a range, and the team used a short-term strategy to arrange evening long positions, gaining another 515 points, for a total of 3364 points for the day. Ethereum led the market with a unilateral rise, and the team smoothly captured 130 points.
From a technical perspective, after breaking below the lower Bollinger band with a significant bearish candle on the four-hour chart, the price rebounded but did not refresh the low, with clear support below. Currently, it is in a small range of fluctuations, with a balance between long and short positions. On the hourly chart, after breaking down, the price rebounded with three consecutive bullish candles, the KDJ three lines are turning and converging, with strong expectations for a golden cross, supporting a short-term rebound.
Tuesday's trading suggestions: Buy Bitcoin around 117000, target 119000, stop loss 116000;
Buy Ethereum around 3730, target 3900, stop loss 3600
