In the turbulent sea of coins, dreams serve as the boat, with faith as the sail, setting sail bravely, undeterred by the storms, ultimately reaching the shores of wealth. On Tuesday afternoon, after Bitcoin's market dropped to a low point of 113650, it halted, followed by a rebound, with the price nearing the evening market peaking at 115057 before dropping again. The Ethereum market synchronized with Bitcoin's movement, rebounding from a low of 3601 to a high of 3694 before halting, and is currently entering a drop again. In the afternoon, Brother Sheng provided a bullish outlook, and the market operated as expected. The Bitcoin and Ethereum long orders placed in the afternoon were arranged around 113979 and 3614 respectively, with exit points suggested around 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 price has once again entered a pressure retreat trend, breaking through the middle track of the Bollinger Bands. Although the bearish momentum is currently strong, there is a long lower shadow under the current bearish bar, indicating that there is still certain support below. Additionally, the MACD indicator's fast and slow lines are maintaining an upward extension without showing any signs of turning down, suggesting a high probability of a rebound in the future. From the one-hour level, the price has dropped sharply to the lower track of the Bollinger Bands, but it is evident that the lower track provides certain support, resulting in the bearish bar's body not forming a real breakthrough below the lower track. Currently, the bearish momentum has weakened, so we can expect a bullish rebound after a pullback this evening.
A long order can be placed near 113500 for Bitcoin, with a target of 115500.
Long order near Ethereum 3600, target looking at 37000 1928374656574839201 #Gate ETH 挖矿年化收益 5%#
BTC-2.8%
ETH-0.19%
SOL-5.44%
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