Tuesday afternoon Bitcoin Ethereum market analysis and trading suggestions

The intraday market has broken the previous strong bullish pattern, moving into a series of pullback trends. Bitcoin fell to a low near the starting point of 87000 before stopping the decline, with a pullback of nearly 2000 points; Ethereum had a relatively weaker pullback, dipping to around 2945, which also has more than 100 points of downward space. The rhythm of the intraday market is fluctuating, and the difficulty of operations has increased at this stage; seizing the above opportunities is already quite challenging.

From the market perspective, Bitcoin has not continued to decline after breaking below 87000, but instead entered a phase of consolidation, indicating that the support below remains effective. At this time, it is not wise to blindly short. The current price is hovering around the 87500 area, with short-term moving averages gradually converging and flattening, showing that the market has temporarily entered a consolidation state. The small-scale movements have undergone continuous oscillation and repair, and the technical patterns have eased somewhat, suggesting that there may still be some rebound potential in the short term. It is expected that the market will maintain a tug-of-war pattern between bulls and bears, with a one-sided trend difficult to sustain. Going forward, one can continue to pay attention to opportunities for buying on dips at lower levels.

In terms of operations, Bitcoin can focus on the long position in the 87300-87000 area, aiming for around 89000; Ether can consider the long position in the 2945-2925 area, targeting around 3100.
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