Tuesday evening Bitcoin Ethereum trading strategy and analysis
No matter how big the stage is, if you don't get on it, you'll always be just an audience member. No matter how good the platform is, if you don't participate, you'll merely be an outsider. No matter how strong your abilities are, if you don't take action, you can only wish others success. No matter how good the market is, if you don't enter, it's just an illusion, a dream. From afternoon to evening, the overall market is in a state of oscillation and tug-of-war, with neither bulls nor bears showing much volatility. In the evening, Bitcoin rose to a high of 87852, but multiple dips during the day failed to break through the support below. It is currently slowly recovering, with strong support forming at 87000 in the short term. Throughout the day, Bitcoin made multiple precise trades, earning a total of 2726 points with two long positions and one short position, while Ether made 187 points with two long positions and one short position. The trading strategy is flexible, with frequent switching between long and short positions. Everything is in perfect alignment. I don't need to boast about myself; my strength has always been here. Trust me and take action, or just watch. It's a simple truth that everyone understands. The evening market is likely to maintain the current oscillation, and the daily fluctuations also need time to correct. It also requires time to digest. Therefore, the strategy of maintaining a pullback to enter long positions remains unchanged for the evening!
From the current structure, the overall trend is still relatively clear, primarily characterized by weak fluctuations and consolidation. The market rebound is under pressure and falling back, with high points continuously lowering and a support forming at the bottom. Both bulls and bears are switching back and forth, without providing a clear one-sided signal, and the space cannot be further opened up. From the 4-hour chart, the price cannot break through the upward resistance, and a prolonged stabilization has again suppressed the market. If the bullish rebound does not break the key levels, all efforts will be in vain, which remains unfavorable for the bulls. Currently, the resistance point above is strong, and the support below is formed with the market fluctuations, so it is expected that there will not be a one-sided breakthrough within the day, and it will continue to be in a state of oscillation and adjustment. Therefore, our trading strategy can still focus on buying during retracements.
Bitcoin: 87500-87000 Long target focus on 89000 Ethereum: 2950-2930 Long Target focus on 3100
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Tuesday evening Bitcoin Ethereum trading strategy and analysis
No matter how big the stage is, if you don't get on it, you'll always be just an audience member. No matter how good the platform is, if you don't participate, you'll merely be an outsider. No matter how strong your abilities are, if you don't take action, you can only wish others success. No matter how good the market is, if you don't enter, it's just an illusion, a dream. From afternoon to evening, the overall market is in a state of oscillation and tug-of-war, with neither bulls nor bears showing much volatility. In the evening, Bitcoin rose to a high of 87852, but multiple dips during the day failed to break through the support below. It is currently slowly recovering, with strong support forming at 87000 in the short term. Throughout the day, Bitcoin made multiple precise trades, earning a total of 2726 points with two long positions and one short position, while Ether made 187 points with two long positions and one short position. The trading strategy is flexible, with frequent switching between long and short positions. Everything is in perfect alignment. I don't need to boast about myself; my strength has always been here. Trust me and take action, or just watch. It's a simple truth that everyone understands. The evening market is likely to maintain the current oscillation, and the daily fluctuations also need time to correct. It also requires time to digest. Therefore, the strategy of maintaining a pullback to enter long positions remains unchanged for the evening!
From the current structure, the overall trend is still relatively clear, primarily characterized by weak fluctuations and consolidation. The market rebound is under pressure and falling back, with high points continuously lowering and a support forming at the bottom. Both bulls and bears are switching back and forth, without providing a clear one-sided signal, and the space cannot be further opened up. From the 4-hour chart, the price cannot break through the upward resistance, and a prolonged stabilization has again suppressed the market. If the bullish rebound does not break the key levels, all efforts will be in vain, which remains unfavorable for the bulls. Currently, the resistance point above is strong, and the support below is formed with the market fluctuations, so it is expected that there will not be a one-sided breakthrough within the day, and it will continue to be in a state of oscillation and adjustment. Therefore, our trading strategy can still focus on buying during retracements.
Bitcoin: 87500-87000 Long target focus on 89000
Ethereum: 2950-2930 Long Target focus on 3100