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On Tuesday, Bitcoin's market retreated from the morning high of 103080 to the low of 101400 before stopping, and then welcomed a rebound, reaching a midday high of 102727. Ethereum mirrored BTC, with the market rebounding from the morning low of 2414 to a midday high of 2462. The bullish idea provided by Sheng Ge in the morning came to fruition, with a precisely structured Bitcoin long order entering around 101781 and taking profits around 102685, earning a 900-point gain. In leading students towards success, I always uphold a professional, pragmatic, and humble attitude, and firmly believe that making money is not an overnight success; it requires continuous learning, precise strategies, and relentless efforts to go further down this path and create one's own brilliance.
According to the current market situation, the four-hour level shows that after experiencing a round of pullback, the price action exhibits an alternating pattern of ups and downs. The price is also running close to the lower band of the Bollinger Bands, indicating strong support below. The bears have not been able to achieve a substantial breakthrough after multiple tests. From the one-hour level, the price has risen to the middle band of the Bollinger Bands. Although the bears have provided a corresponding pullback, the pullback is relatively small and lacks momentum. The KDJ indicator's three lines have formed a golden cross and continue to extend upwards, and the MACD indicator values have also returned to the positive range. However, since the middle band of the Bollinger Bands is still in a downward trend, it is highly likely that the market will first pull back and then rebound. Therefore, in the afternoon, we will maintain a strategy of low long orders after the pullback.
Buy Bitcoin near 101500-101800, target looks at 103500.
Buy Ethereum around 2415-2430, targeting 2550.
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