In the waves of the cryptocurrency world, we may have sailed into the abyss of the dark night, witnessing wealth recede like the tide, leaving behind a desolate and unwilling heart. But please remember, in this boundless digital ocean, every ebb is a preparation for the next grand rise. On Tuesday, Bitcoin's market initially surged to a high point of 88,850 in the morning before retreating, with the price continuing to oscillate around 88,500. In the evening, accompanied by a strong opening in the U.S. stock market, the market welcomed a strong rally, with the price rising to a high point of 91,373. Ethereum's market initially dropped to a low point of 1,537 in the morning and gradually rose, with the price reaching a high of 1,638 in the evening. Brother Sheng's daytime strategy included three long positions and one short position in Bitcoin, as well as one short and one long position in Ethereum. Although there were minor stop losses, the overall profit was not affected. The long position in Bitcoin set in the morning was entered around 87,640 and exited near 88,628, capturing a space of 1,000 points. The short position in Bitcoin set in the evening incurred a small loss, but later, Brother Sheng leveraged his keen insight to position for a long Bitcoin trade, entering near 89,314 and exiting near 90,436, capturing 1,100 points. He then set another long position in Bitcoin, entering around 89,941 and exiting around 91,220, capturing 1,250 points. The short position in Ethereum set at midnight was entered near 1,625 and exited around 1,574, capturing 51 points. The long position in Ethereum set in the evening was entered around 1,655 and exited around 1,715, capturing 60 points. Throughout the day, Brother Sheng's strategy of three longs and one short in Bitcoin captured a total of 2,900 points, while the one short and one long strategy in Ethereum captured a total of 111 points.
From the current market perspective, the four-hour level shows that after a breakout and upward movement, the price has retraced below the upper Bollinger Band and has not further dipped, indicating weak continuation. Both sides are mutually restraining each other, and the overall structure has entered a correction phase. From the one-hour level, the price has currently provided a certain pullback, but the upward channel has been fully opened. All indicators suggest that the bullish trend remains strong with significant continuity. It is clear that this pullback is accumulating energy for the bulls, so at midnight we can consider entering long positions after the pullback at lower levels.
Bitcoin can be bought around 90,000 with a target of 92,000.
Ethereum can be bought around 1,670 with a target of 1,750.