Tuesday Evening Bitcoin and Ethereum Market Analysis
Our afternoon strategy has perfectly kept up with the current Bitcoin market. We have previously mentioned that the Bitcoin market is in a state of consolidation and accumulation. From the four-hour chart, the bearish strength is gradually being reclaimed by the bulls. From the hourly chart, the Bitcoin price has been hovering around the middle band of the Bollinger Bands for a while, and the bulls are gradually gaining strength. Next, the bulls are about to make a move. For the evening layout, we still recommend entering at multiple points, focusing on the defense point at 104700 and the breakout point at 106000.
Buy around 105000 for Bitcoin, target 106500
