Yesterday, approaching midnight, Bitcoin retraced as expected to around 80,400 lows, touching the key support level below and quickly stabilizing and rebounding, pushing up to a high of around 82,100. Last night’s strategy and the live room clearly indicated the idea of entering long positions within the 80,500-81,000 range. Even if not capturing the full extent of the rally, at least a thousand-point move can be easily grasped. The actual trading saw Bitcoin longs totaling over 2,000 points in profit, and Ethereum followed suit, successfully locking in over 100 points. In the early morning, after the overall rally, the market fluctuated little and is still maintaining a high-level consolidation pattern.

From the overall structure, the market experienced a four-hour high-level sideways consolidation, forming a yin-yang double-candle pattern in the short term, maintaining a range-bound oscillation pattern overall, with no clear signs of a one-sided trend. Resistance above is obvious, and although the current price briefly broke above the upper boundary of the range, in the short term, it is more likely to complete technical correction through a pullback or lateral oscillation. It is not suitable to chase high at this stage. From a small cycle hourly perspective, the market is strongly suppressed by the midline of the moving averages, and the momentum for further rally is relatively limited. In terms of operation, it is recommended to patiently wait for the market to pull back and stabilize before choosing an entry point. Although the moving averages are showing a three-line opening upward pattern, the market volume is weak, and the bulls lack sufficient momentum to push higher. Overall, it remains mainly on the sidelines, patiently waiting for a low retracement to buy the dip.

Tuesday morning outlook BTC: Buy long within the 80,500-81,000 range, target 83,000

Tuesday morning outlook ETH: Buy long within the 2,300-2,310 range, target 2,400

$BTC #比特币波动