There is no free lunch in the cryptocurrency world; only through continuous learning, accumulating experience, and enduring the darkness can one embrace the dawn and reap returns a hundred or a thousand times. The Bitcoin market in the morning showed a slight staircase rebound near 118050, reaching a high of about 119200 before facing another pullback. Currently, Bitcoin is in a fluctuating rhythm, while Ethereum's market rose from a low of 4185 in the morning to a high of 4320. Compared to Bitcoin, Ethereum's trend is relatively strong. Our bullish strategy in the morning perfectly paid off, with a long position in Ethereum entered at 421 and exited at 4307, gaining 86 points.
From the four-hour chart, the morning breakout changed the market situation; the price surged strongly, continuously driving the market trend upwards. The bullish pattern has been established, with prices steadily climbing and successfully breaking through key levels. Turning to the hourly chart, the performance of the bullish trend is more intuitive, showing a powerful upward momentum, with continuous price increases frequently appearing, and the characteristics of a strong one-sided bullish market have already started. Overall, the market continues to operate within a strong range, with upward momentum being continuously released. In the afternoon strategy, we still insist on a pullback to layout long positions.
On Tuesday afternoon, it is recommended to lay out long positions near 118500 for Bitcoin, with a target of 120000.
On Tuesday afternoon, it is recommended to layout long positions in Ethereum between 4250-4280, with a target of 4380#机构疯抢以太坊 #CPI数据来袭 #比特币市值超越亚马逊 #BTC重返12万 #ETH突破4300 .