$BTC The overall market on Tuesday presents a range-bound fluctuation, with bulls and bears in a tug-of-war. The Bitcoin price fluctuates in the range of 112800-116500, with a space of nearly 4000 points, requiring patience to deal with it. At midnight, Ethereum longs gained 48 points, highlighting the need for accumulation rather than seeking quick profits in the crypto circle.

From a technical perspective, Bitcoin shows clear signs of a rebound from the bottom: the daily line touches the lower support and rebounds, with a long lower shadow confirming effective support and strong buying at the bottom; the 4-hour line shows a bottom divergence, with an extended bullish candle, and the fast and slow lines progressing towards convergence, indicating a shift in bullish and bearish strength, potentially leading to an explosive market in the short term; the hourly line breaks above the lower track, with a long lower shadow showing concentrated support, establishing a dominant bullish trend.

Midnight operation suggestions for Wednesday: Long Bitcoin in the range of 113000-112500, targeting 115500. Long Ethereum in the range of 3570-3540, targeting 3750.