The market from noon to evening has been steadily stabilizing and rebounding, with the price returning to the low level of 101400 and stopping before the bulls began to gradually recover, rising until the evening when the price peaked at 103900. Ethereum mirrored Bitcoin's trend, bouncing back from the lower level of 2414 in the afternoon and also recovering in the evening, reaching a peak of 2548. During the afternoon, we placed a long position for Bitcoin at 102241, and in the evening, it rose to 103904, indicating an exit, yielding a profit of 1663 points. For Ethereum, we placed a long position at 2443 in the afternoon, which rose to 2538 in the evening, prompting an exit. If you are unsure, you can come over at any time to learn and exchange ideas.

From the current structure, it appears that within a small cycle, the coin price has entered an adjustment trend after a high followed by a drop, and at present, the correction is taking place in a price correction trend, while the pullback is also limited. This can also be understood as a method of accumulation for the bulls, as the upper space is relatively sufficient. As long as there is no deep pullback or consecutive reverse movement in the short term, it is not enough to form a reversal. For the future, we still treat it as accumulation, and after the pullback and accumulation are completed, the coin price will again welcome a rise, as the market still looks positive for the bulls to break through the recent highs.

Operation suggestions:

On Tuesday evening, for Bitcoin, direct longs can be placed near 103400-103000, with a target focus on 105500.

For Ethereum, direct longs can be placed near 2520-2500, with an initial target focus on 2650. $BTC