Tuesday Morning Bitcoin and Ethereum Market Analysis and Trading Suggestions:
From midnight to early morning, the bullish trend has risen and rebounded as expected, moving relatively slowly. The bulls made a second push in the early morning, with Bitcoin reaching a high point of 95165. Ethereum, after a pullback to a low of 1793 last night, is also in a rebound phase, with the bulls pushing it to a high of 1832 in the early morning. The bullish outlook given at midnight yesterday has been validated as expected, and the layout from Daodan has also seen some small gains as anticipated.
On the daily chart, there has been a pullback and rebound, with some support near the second low around 93500. After two consecutive days of small declines, the daily chart shows a bullish reversal. After a slight adjustment over the past two days, yesterday's rebound is within the normal range of corrective pullbacks. Currently, the bulls have rebounded and are slightly losing momentum. In the short term, it may enter a high-level consolidation or sideways fluctuation, moving in a step-by-step fashion with pauses and corrections. Morning operations should focus on buying the dips.
Trading Suggestions
On Tuesday morning, Bitcoin can be bought at 94000-94500, with target levels at 95500-96500.
Ethereum can be bought around 1800, with target levels at 1900.
