Hua Zai's Tuesday BTC + ETH midday market outlook



Overall, the bullish structure of the market remains relatively strong on Tuesday, with the intraday rhythm favoring first shorting high and then falling back, and then re-entering long at lower levels. Dual-direction swing trading is more stable and safer.

Recently, geopolitical news has been repeatedly reversing and difficult to distinguish true from false. The situation between Iran and the US is extremely tense: Iran announced strikes on US ships, then the US quickly denied and clarified there was no conflict. Market sentiment is repeatedly disturbed by these news, causing sharp rises and falls that are easily manipulated and shaken out.

From a technical perspective, the overall trend of Bitcoin remains upward, but the price is approaching dense resistance levels at high positions. Multiple attempts to break through have failed to cause a significant rally. Without volume, continued upward movement is risky, and the potential for a sharp correction is increasing. Blindly chasing highs can easily result in being trapped at high levels.

Ethereum moves in tandem with Bitcoin, approaching the high-pressure zone. The rebound is weak, and the market's decline will likely be larger when it falls back. It is also not suitable to blindly chase the rally at high levels.

In the short term, prioritize shorting at high levels following the trend, avoiding the risk of a pullback and shakeout. Wait for the market to retrace and confirm support before re-entering long positions, maintaining a calm and steady approach to capturing both sides of the profit.

BTC trading suggestion:
Gradually short at 80,900-81,200

Target:
79,500-79,000

ETH trading suggestion:
Gradually short at 2,380-2,400

Target:
2,320-2,280

Afternoon core idea: After a high rebound, first short to watch for a pullback; after support stabilizes, then re-enter long.
BTC2.98%
ETH2.36%
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