Tuesday Daytime Bitcoin Ethereum Analysis:
Overall, Bitcoin quickly recovered after a drop to 104600 yesterday, not touching the key support, belonging to a healthy consolidation of the upward trend. Short-seller pressure has weakened, and bulls are adequately supporting the market, making the trend stable. Ethereum is supported by favorable factors such as ETF inflows, following a slightly bullish pattern.
On the technical side, Bitcoin has been pushing against the upper Bollinger Band with consecutive 4-hour bullish candles, and the opening is upward. Although the momentum bars are slightly shrinking, there are no signs of exhaustion; Ethereum is oscillating upward on the 4-hour chart, with 3505 support being effective.
For Bitcoin, buy on dips in the 104500-105000 range, with a stop loss below 103800, targeting 106000, near 107500.
For Ethereum, buy on dips in the 3530-3550 range, with a stop loss below 3500, targeting 3650, near 3720.
