Looking back at Tuesday's intraday market, Bitcoin experienced a morning dip before entering a narrow range-bound market. The price dipped all the way to a low of 109,568 before stabilizing and rebounding, reaching a high of 110,811 in the evening. Ethereum followed a similar pattern, falling to a low of 4,393 before stabilizing and beginning to gather momentum. The price then surged in a strong upward trend, reaching a high of 4,535 in the evening. All of Lao Tang's intraday long positions were wiped out, with Bitcoin gaining 1,332 points and Ethereum gaining 173 points.

On a four-hour chart, Bitcoin's price has fallen below the middle Bollinger Band, now trading between the middle and lower bands. Short-term bearish momentum is strong, and the price is trending downward. The Bollinger Bands are opening downward, suggesting the price may continue to decline, testing support at the lower band. On the one-hour chart, the Ether price is between the middle and upper bands, indicating a narrow range within the Bollinger Bands. This suggests a short-term market equilibrium with a slight bullish bias, testing support at the middle band. For subsequent trading, simply enter long positions at low levels.

Bitcoin: 109,500-109,000 is a viable target; short-term target is around 111,000.

Ethereum: 4520-4490 is a viable target; short-term target is around 4600.