Tuesday Evening Bitcoin Trading Suggestions
Today's market continues the rebound from yesterday's bottom. Currently, there is some pressure at the 97500 area, with a slight pullback. The 8000-point consolidation zone is once again exhibiting a bullish trend, but for the bulls to push higher again, more strength is needed.
In the 4-hour chart, the price has been continuously consolidating upwards, with the candlestick breaking through the upper rail from below. It is evident how strong the bullish counterattack is, running in a bullish trend on a smaller timeframe. Although there are some local pullbacks, they do not affect the strong short-term pattern. Currently, the price is oscillating and adjusting at a high level, and a new wave of movement is on the verge of starting. We will continue to look bullish in the evening.
Evening trading suggestions:
Bitcoin: Buy near 96000, target 98000
Ethereum: Buy near 3160, target 3320