$BTC 7.1 Tuesday evening Bitcoin and Ethereum latest market analysis and trading suggestions:
You thought you were buying the dip, but in fact, it's the dealer's trap! After liquidation, the market takes off? Why can others succeed while you can't? Looking back at the afternoon, Bitcoin dropped from the high point of 107149 to a low of 106264 and is currently in a pullback phase. Ethereum synchronized with Bitcoin, after reaching 2478 points, oscillated downwards to touch the low point around 2444. Qianyu provided a high short strategy in the afternoon and helped students enter a short position in Bitcoin, gaining over 700 points.
From the current market perspective, the lower Bollinger Band on the four-hour level is at 106300, and the MACD histogram green bars are shortening. On the hourly level, RSI is at 34, forming a bottom divergence with the new price low, while the MACD green bars are contracting and the DIFF line is flattening, indicating a decrease in bearish momentum. For evening operations, Qianyu suggests a low long strategy; if the rebound fails, a change in strategy can be considered.
Tuesday evening strategy:
Go long Bitcoin near 106000, targeting 107500.
Go long Ethereum near 2420, with a target to watch for 2500.