On Tuesday, the price of Bitcoin first fluctuated and fell below the 120799 line, then dropped to the 118050 line before stopping the decline and rebounding. It then entered a state of sustained narrow fluctuation and consolidation, peaking at 120176 in the evening before retreating to around 119300 for consolidation. Ethereum performed stronger, rebounding from 4185 and breaking through to a new high of 4505, then consolidating around 4480. The strategy provided throughout the day has been to buy on dips, and this strategy has been validated by the market movements. Overall, Bitcoin gained over 3000 points, and Ethereum gained over 200 points. Dreams are not an unattainable fantasy; as long as you are willing to put in the effort, they can become reality.

Bitcoin reached a maximum of 120163 in the early hours today, with short-term resistance at the 120400-120900 range still being a heavily pressured area. Meanwhile, 118800 has become a key support level. On the four-hour level, the MACD bearish volume is gradually diminishing, the RSI indicator is in a neutral position, and the KDJ indicator shows signs of a bullish crossover. If it retraces, pay attention to 118800; if it does not break below this level, the overall trend momentum remains upward. Therefore, for the subsequent trading direction after midnight, we will mainly focus on buying on dips.

In terms of Ethereum, the hourly level shows key support at 4460 to 4440. On the right side, if Ethereum can break 4500 with a solid 15-minute close, then the final target for this rally could be 4550 and 4620. Although it is currently in a strong structure, caution is advised regarding the risk of high-level pullbacks, and protective measures should be in place.

For Bitcoin, pay attention to buying between 118800-119300, using smaller stop-loss levels to speculate. The initial target is to break 121000, which could lead to a direct rally to 123000.

For Ethereum, the current price is between 4480-4460, with the first target at 4550 and 4620 after breaking above. $BTC #ETH突破4400 $ETH #机构疯抢以太坊