10.1 BTC Ether Tuesday Summary and Wednesday Analysis

Early morning BTC Ether direction: continue to pull back and consider long positions!
Looking back at yesterday, after BTC rebounded to a high of 114792 in the morning, it faced pressure and retraced down to around 112700 for a phase of recovery; subsequently, the market rose again, touching 113500 before revisiting the 112800 range. Early this morning, the price strengthened again, forming a consecutive bullish pattern, and rose all the way to around 1145. After Ether peaked at 4246, it faced pressure and retraced during the evening session, fluctuating down to around 4100 to seek support; early this morning, the price stabilized and gradually rebounded to around 4160.
Technical Analysis:
BTC: On the 4-hour level, although the DIF and DEA on the MACD indicator are showing a converging trend, the green bars have not turned into a volume decrease for a downward trend, indicating limited bearish momentum; the J line of the KDJ is flattening after repairing from the overbought zone, and the three lines of the RSI are converging around 50, which still falls within the realm of a healthy correction. Meanwhile, the moving average system on the hourly chart maintains a bullish arrangement, and the EMA120 continues to rise, providing dynamic support.
Ether: On the 4-hour level, the MACD DIF and DEA are converging near the zero axis, with the green bars slightly increasing in volume, indicating a decrease in bearish momentum; the KDJ's J line has rebounded from the oversold area to the 50 midline, and the RSI's three lines are oscillating in the 45-55 range. The daily level is still running above the middle track of the Bollinger Bands, overall in a neutral to strong range.
Operation direction suggestion:
BTC: Long positions around 114000——113600, target near 115500.
Ether: Place long positions around 4130——4100, target near 4300.
The market is currently volatile, so set stop-losses and aim for steady wins!