Tuesday Analysis:
From a four-hour perspective, after quickly rebounding upon reaching support below the middle track, the downward momentum of the bears is clearly limited, which also indirectly confirms that this round of decline contains some elements of a trap for shorts. Next, pay attention to the resistance around the middle track; if the pressure is not strong, consider gradually increasing positions to follow up on long positions.
The signals on the hourly chart are more intuitive: the price quickly rose after touching the lower track, almost recovering all losses, without giving the bears a chance to sustain their efforts. Multiple long lower shadows appeared below, indicating strong buying support, while resistance levels are distributed in a range, hindering the bears' advance, thus further solidifying the bullish trend.
Operational Suggestions:
BTC: Range layout for long positions at 117500~118000, target 120000
ETH: Range layout for long positions at 4180~4220, target 4320
Yesterday's long positions are still being held; patience is key. Continuing to hold is just a matter of time 😁😁
Intraday Setup: UNI AAVE
