Yesterday, Bitcoin continued the rhythm from Monday. The spot market moved downward overall during the day, and in the evening it fell to test the low around 62600 before attracting buying support for a rebound, rising to 64200 where it encountered resistance and fell again.

From the current chart perspective: the price has stabilized above the mid-band of the daily Bollinger Bands, MACD is running above the zero line, bullish momentum continues to persist, bearish momentum is gradually weakening, and the overall major trend has shifted from the previous downward pattern to a bullish structure of oscillating upward.

On the 4-hour cycle, the lows of the market are steadily rising, and the upward channel of the wave is intact. After the previous high of 64690, the market entered a sideways consolidation phase, mainly digesting short-term profits, without breaking the key support structure of this upward move. Currently, the price has pulled back to near the lower band of the Bollinger Bands and stabilized, which is a mid-term rest stage within the uptrend. After the consolidation and accumulation are complete, the market may launch another upward attack to test the previous high resistance.

Therefore, the subsequent operation idea is still to mainly place long orders based on support levels.

When Bitcoin pulls back to the 62500-62000 area, go long, looking up to 63800-64500.

If it breaks through, then look up to 65500.

When Ethereum pulls back to the 1740-1710 area, go long, looking up to 1800-1880#GUSD年化升至3.8% $BTC ‌$ETH ‌