#数字资产市场洞察 $BTC Tuesday afternoon musings

This market is like that; some become famous overnight while more dance on the edge of liquidation. But the traders who truly survive understand one principle - the ability to get back up after a failure is more important than never falling down.

Tuesday's market was like a roller coaster. Bitcoin rebounded to around 88904 in the morning, but then faced pressure and slid down, finally settling around 86536. Ethereum followed closely, dropping from 3035 to 2899, keeping a basically synchronized pace. I managed to catch two rounds of short positions, with a total of 2600 points from $BTC and 120 points from $ETH. Although it wasn't the entirety of the market movement, it wasn't a wasted opportunity during this adjustment.

On the technical side, the four-hour chart shows that after a pullback with two bearish candles, it has now formed an alternating oscillation pattern. The price is repeatedly grinding between the lower and middle bands of the Bollinger Bands, with selling pressure above and support below. Both bulls and bears are desperately pulling at each other, but neither has managed to make a significant breakthrough. Although the bulls just attempted to push up to the middle band, based on the trading volume, it is clear that they cannot break out, so it is highly likely that the price will continue to fluctuate around this area.

The hourly level has bounced back with two bullish candles, and the price is close to the middle band of the Bollinger Bands. However, the long upper shadow of the last candle indicates that selling pressure is still quite strong.

So the midnight thought is simple: **short when there is a rebound**

$BTC: Short near 88500, target 86500-86000
$ETH: Short around 3000, target 2850-2800