Tuesday Bitcoin Evening Viewpoint:

The Bitcoin market is still operating under a fluctuating downward trend during the day, and the rebound strength is relatively weak. In the morning, the coin price surged to around 84200 but began to face pressure and fell back. The lowest price during the day also touched around 81700, and the rebound strength has weakened. Therefore, in the future market, a slight rebound in Bitcoin is enough to go long!

From a four-hour structure perspective, the moving averages still show a death cross bearish arrangement. The Bitcoin moving average resistance has now shifted down to around 84000. Therefore, in the future market, it would be bold to short below this position during the rebound. Currently, the overall trend of Bitcoin is still in a weak downward motion, and even if there is a rebound, the strength will not be too strong. Therefore, the evening outlook for Bitcoin remains bearish!

Tuesday Bitcoin Evening Recommendations:

Short on the rebound at 82850-83350, with targets looking down towards the 81500-81000 range!