$BTC Don't complain about entering the market too late; the cycles in the cryptocurrency world are always repeating. Some stand guard on the mountaintop, while others sow seeds in the valley; some are harvested by volatility, while others break through with patience. Looking back at the Bitcoin market during midday, there was a correction from around 114370, and currently, the market is still oscillating around 114000. The Ethereum market trend is synchronized with Bitcoin, starting to correct from a high of 3660 during midday to a current low of 3610, followed by a state of oscillation and repair.

From the 4-hour chart, the market shows a two consecutive bullish candles recovery trend, indicating that bullish momentum is gradually building up. Combined with the daily chart, the current price is oscillating and consolidating near the upper Bollinger Band, indicating that it is not a one-sided market, and the short-term trend is volatile; the 5-day moving average and the 10-day moving average are in a tight range, which may further narrow the market oscillation range. On the hourly chart, the price slightly retreated after touching the previous high, but the extent of the correction is limited, indicating solid support below. We still maintain a bullish outlook for the evening.

On Wednesday evening, it is recommended to set up long positions for Bitcoin in the range of 113500-114000 with a target around 116000.

On Wednesday evening, it is recommended to set up long positions for Ethereum in the range of 3580-3610 with a target around 3700. #ETH巨鲸增持 #加密股IPO季 #香港稳定币新规 #币安HODLer空投TOWNS #Solana期货交易量创新高