Making a decision is not difficult; what is difficult is taking action and persisting to the end. In the market on Tuesday evening, the bulls have not formed much continuation, and the market has entered a rhythm of oscillation. After hitting the high point of 86443, it faced pressure and fell back down; currently, the lowest price is at around 84567. Ethereum faced pressure at the high of around 1660 in the evening and quickly formed a pullback, now stopping at the lowest point of around 1600. In the afternoon and evening, we mainly treat it as a short-term strategy, and both long and short positions have provided good space for setup.

Currently, the overall price in the market is maintaining a steady upward trend, with the rhythm being one step back after another. The four smaller time frames are still in a high-level oscillation and consolidation phase. The simplest judgment of a strong market is whether the high points are being refreshed and whether the low points are being lifted. Clearly, the current market rhythm aligns with the most basic strengthening pattern. Therefore, for every pullback that occurs, we should treat it according to normal corrections. The daily structure has returned to a series of upward movements with consecutive bullish candles. After slight pullbacks and adjustments, there is still a performance of recovering and continuing to rise. Thus, for the future market, we will still focus on buying on pullbacks.

Operation Suggestions

At midnight, Bitcoin can be bought directly around 84500, with a target of 86500.

Ethereum can be bought directly around 1600, with a target still focusing on 1690.