Tuesday, the range remains unbroken, intraday buy low and sell high



Yesterday, Bitcoin showed a pattern of opening lower and then rising, with short-term short positions taken during the session followed by small gains from long positions. Based on the current situation, as long as the range is not broken, there is no need to establish a directional bias.

In the early session, it surged to around 76,500 but faced resistance and pulled back. There is some resistance above, so during the day, avoid chasing highs. A slight rebound in the Asian session can be used to short in the 75,800-73,000 area, targeting 74,000. If not broken, consider reversing to long positions.

Ethereum opened high in the Asian session but then declined. After facing resistance at 2,346, it is expected to continue slightly lower intraday. Trading-wise, follow Bitcoin’s pattern of first shorting then going long. Short-term, consider shorting in the 2,310-2,340 range with a target of 2,245. If not broken, reverse to long positions.
BTC1.25%
ETH0.08%
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