Elder Four's Tuesday Evening Share

On Tuesday, the overall trend exhibited a rebound in the morning session, reaching a high of 96375, before immediately shifting into a corrective trend. The fluctuations were quite stable until the evening, when it pulled back to the current level of 94600 and temporarily halted. The previously proposed strategy of first 'long' then 'short' by Elder Four has been validated in practice.

From the analysis of the 4-hour candlestick chart, the frequent alternation between bullish and bearish candles indicates that the market is at a critical juncture for directional selection. A comprehensive assessment shows that the market still retains the expectation of a rebound in the short term. However, in terms of the overall trend, neither long nor short has been able to gain a decisive advantage, resulting in the market continuing to operate within a range of fluctuations. Currently, the power of long and short is in a tug-of-war state, which aligns with expectations. Technically, the market is undergoing a slow recovery process while consolidating and correcting. Therefore, in terms of operational strategy, it is recommended to seize short-term opportunities for pullbacks, and promptly switch to bullish when the pullback halts, to flexibly respond to changes.

Evening Operation Suggestions

① A buy around 94500 for Bitcoin, with a stop-loss at 94000, and a target to first focus on 96500.

② A buy around 3580 for Ether, with a stop-loss at 3550, and a target to first focus on 3650.