Tuesday Afternoon Strategy

In the cryptocurrency market, using small bets to gain big rewards, challenging limits, and making your adrenaline surge—wealth dreams are within reach. If you don't enter now, when will you? On Tuesday morning, Bitcoin surged strongly to around 107,435 before facing resistance, then entered a strong downward trend, with the lowest point reaching around 104,680. Ethereum also showed a pattern of initial rise followed by decline, rebounding to around 3,647 before retreating, with a low of about 3,528. Brother Sheng's early morning short positions on Bitcoin and Ethereum, after both only suffered minor losses, still yielded good profit margins. Initially, both Bitcoin and Ethereum short positions incurred losses of 600 and 22 points respectively, then re-entered short positions around 106,834 for Bitcoin and 3,611 for Ethereum, exiting at approximately 104,914 and 3,549, capturing 1,900 points on Bitcoin and 62 points on Ethereum.

Based on the current market, the four-hour chart shows that after a significant bearish retracement, the market paused and rebounded. The Bollinger Bands remain open upwards, indicating the overall trend remains strong. The price movement has not broken out of the upward channel despite the retracement. On the one-hour chart, after a decline, the price approached the lower Bollinger Band, which provides strong support. This level has become an important short-term springboard for bulls to attack. If the bearish momentum cannot push the price below this support, we can consider a low-buy strategy in the afternoon, expecting a rebound.

BTC: Buy near 104,500, target 106,500
ETH: Buy near 3,520, target 3,650