Tuesday Evening Bitcoin Ethereum Analysis:
The current market is experiencing increased volatility. After a pullback touching the recent key support level, it has gradually moved out of the weak zone and entered a phase of oscillating recovery. The short-term corrective market has basically ended.
On the four-hour timeframe, the price has stabilized above the upper Bollinger Band. Bears have tested downward multiple times, but the selling pressure has continued to weaken, failing to achieve a significant breakthrough. The upward channel remains intact, and the bullish rebound rhythm has not been disturbed.
On the hourly chart, after a five consecutive bearish candle plunge to the lower Bollinger Band, the price quickly stopped falling and rebounded. The K-line's downward continuation is insufficient, and clear signs of short-term stabilization are evident.
Operational Suggestions
Based on the support area, look for opportunities to set long positions:
Bitcoin: Set long positions in the 103500-104500 range, with an initial target of 106500. If broken, continue to look for around 107500.
Ethereum: Set long positions in the 3480-3530 range, targeting around 3650, and if broken, continue to look for around 3758.
