$BTC

Don't complain about entering the market too late; the cycle of the cryptocurrency world is always repeating. Some stand guard at the mountain top, while others sow seeds in the valley; some are harvested by the fluctuations, while others break through with patience. What's important is not where the starting point is, but whether one can maintain the rhythm amid the turbulence. This morning, Bitcoin's market faced pressure after reaching a high point of 115296, with the price subsequently retreating to a low point of 114140 before halting. The market has now entered a phase of rebound and consolidation again. Ethereum's market is also following a similar path as Bitcoin, with prices correcting from a high of 3733 down to a low of 3643 before rebounding upward. This morning our mindset was bullish; however, as the market continued to dip, we also took the opportunity to short Ethereum, entering at 3714 and exiting the short position at 3648 for a gain of 66 points.

From a technical perspective, the daily and weekly levels have clearly opened up upward space. After breaking through key levels, the bullish trend is becoming increasingly solid. In terms of operation, it is recommended to rely on previous top-bottom conversion points as support and maintain a bullish outlook. Moving forward, two key points to focus on: first, the continuity of upward momentum; second, Bitcoin's breakthrough of upper resistance. Follow the trend and seize extension opportunities. Focusing on the current market, the four-hour level is steadily moving upward, with prices approaching the upper Bollinger Band. During this period, although the bears made slight attempts to suppress prices, the efforts were weak and failed to reverse the overall upward trend. Currently, bullish momentum is continuously released and completely dominates the market. Short-term operations suggest mainly short-term bullish strategies, closely following the upward rhythm to seize immediate opportunities.

On Tuesday afternoon, it is recommended to set up long positions in Bitcoin within the range of 113300-113800, targeting 116000.

On Tuesday afternoon, it is recommended to set up long positions in Ethereum within the range of 3580-3610, targeting around 3750.#香港稳定币新规