$BTC Review: Tuesday midnight Bitcoin market showed a fluctuating upward trend, with the price starting to rise after a pullback to the low point of 117522 last night, reaching a peak of 120300 in the early hours. Ethereum's market dropped from a high of 3750 to a low of 3655 before stopping and subsequently rebounding, currently around 3740. In the cryptocurrency world, one must endure the grinding fluctuations to reap the rewards of a trend. Every moment of persisting through volatility is building strength for breakthroughs. There are always bear markets, just as there are no perpetual lows in life.

From the current market perspective, the monthly, weekly, and daily charts are all operating near the upper band of the Bollinger Bands, repeatedly breaking the upper band and continuously reaching new highs. The monthly chart maintains an upward trend, the weekly chart shows a strong bullish candle, and the daily chart is exhibiting a wave-like upward movement, with all major levels appearing strong. The rebound in Ethereum has also begun. Therefore, our strategy should align with the trend, as in a trend, "there is no highest, only higher." After the weekly and daily charts open up space, the market has officially entered a strong bullish period, with new highs possible within a single day or even half a day, and structurally still having the momentum to continue rising. The current approach remains to follow the bullish trend: although the short cycle is at a high level, it is expected to maintain a bullish consolidation, and short-term trades can be made around pullback opportunities. If the pullback is not significant, then follow the trend. This is a time to test judgment and adaptability in real-time trading.

Wednesday morning, Bitcoin is recommended to set long positions in the range of 119000-119500, targeting around 121000.

Wednesday morning, Ethereum is recommended to set long positions in the range of 3680-3710, targeting around 3850. #NFT板块领涨 #山寨季來了？ #稳定币监管风暴 #Strategy增持比特币 #以太坊突破3700