Tuesday Afternoon Bitcoin and Ethereum Market Analysis
Looking back at the long and short strategy from the morning, those who followed should have gained something. The current price of Bitcoin is hovering around 105,600. We will continue to focus on short positions. The bullish surge from the morning has gradually been suppressed by bears. From an hourly perspective, bulls have been trying to break through the upper Bollinger Band recently, but due to insufficient momentum, they have not shown a sustained upward trend. This also proves that the bullish strength is still not enough, and we need to wait. Currently, bears are still in control.
Short Bitcoin around 106,000, target around 104,000
Short Ethereum around 2,580, target 2,350
