On Tuesday, the Bitcoin price has been steadily rising. After experiencing a slight fluctuation in the early morning, the price began to rise from around 84300, with an intraday high reaching around 85835. This morning, we also guided everyone to be bullish and chase long positions. As for Ethereum, it has maintained a trend of small downward movements followed by small upward movements, showing a slight increase throughout the day.

From the current market perspective, the trend has changed. The daily chart shows a small bullish candle, slowly rising, while the hourly chart exhibits a fluctuating pattern. Each increase is accompanied by a certain level of pullback, but the high points are gradually moving up, indicating that the bullish momentum has not yet ended. Since the market has changed, our mindset naturally needs to shift as well, but we must pay attention to the presence of the long upper shadow on the previous bearish candle. Currently, the primary support level for Bitcoin is around 83500, and Ethereum's support level is at 1580. In the afternoon, we will still adopt a strategy of buying on pullbacks.

Operation Suggestions

Buy Bitcoin at 84500-84800 with a target of 86500

Buy Ethereum around 1610 with a target of 1700#CPI数据来袭