Tuesday has ended. Let's review the overall market situation during the day. The overall trend is still centered around the bulls. The coin price has been steadily rising during the afternoon. In the evening, Bitcoin's price reached a peak of 86443 before facing resistance and subsequently entering a phase of retracement and consolidation. Looking back, during the upward movement in the afternoon, Bitcoin's price did not show any signs of a pullback and rose sharply, making the evening's retracement understandable. Ethereum, on the other hand, showed a relatively weak and anxious trend during the day. The movement is also relatively slow, and it has not broken the range of operation.
From the 4-hour chart, the market displays clear characteristics of broad fluctuations. In recent market dynamics, both bulls and bears have not shown significant continuity. In the short term, the coin price faced pressure and retracement when rebounding to the upper boundary of the 4-hour chart, with long upper shadows on the candlestick chart, which is a typical pattern of a surge followed by a pullback and consolidation. Therefore, for the future market, we still recommend participating by maintaining a low position to go long.
Operational Suggestions
Long Bitcoin at 84000-84300, target 86500
Long Ethereum around 1600, target 1670#美国半导体关税 #