On Tuesday afternoon, the Bitcoin market paused after falling to a low of 113650, followed by a rebound where the price peaked at 115057 before falling again. The Ethereum market moved in sync with Bitcoin, rebounding from a low of 3601 to a high of 3694 before pausing, and is currently entering a falling state again. In the afternoon, Sheng Ge provided a bullish outlook, and the market operated as expected. The long orders for Bitcoin and Ethereum arranged in the afternoon were initiated around 113979 and 3614, respectively, and were exited near 114896 and 3682. The Bitcoin long order captured a space of 900 points, while the Ethereum long order captured a space of 68 points.

According to the current market situation, the four-hour level shows that after a rebound, the market has once again entered a pressured retreat trend, with prices breaking through the middle track of the Bollinger Bands. Although the bearish momentum is relatively strong at the moment, there is a long lower shadow under the current bearish candle, indicating that there is still certain support below. Additionally, the MACD indicator's fast and slow lines remain in an upward extension state, with no signs of turning down, suggesting a high probability of a rebound in the future market. From the one-hour level, the market has sharply dipped to the lower track of the Bollinger Bands, but it is clear that the lower track provides certain support, preventing the bearish candle's body from forming a solid breakthrough at the lower track. Currently, the bearish momentum has weakened, so we can expect a bullish rebound after the pullback this evening.
Buy Bitcoin near 113500, target is 115500.
You can go long around 3600 for Ethereum, targeting 36800 #Gate ETH 挖矿年化收益 5%# #晒出我的Alpha积分# .