Tuesday morning: Bitcoin and Ethereum price analysis and trading recommendations


The night hours when I monitor the market shake every nerve cell — not because I am too persistent, but because I understand that this is a unique practice for the crypto world and a responsibility to the team. The price broke through the resistance level after the night close, then pulled back, and is now returning to the middle line, generally in a phase of fluctuations and correction. Continuous outflow of funds from "touts" could trigger a chain reaction leading to a deep price decline. The Fed's policy does not meet expectations, macroeconomic conditions are worsening, and Bitcoin may synchronize its correction along with risky assets such as US stocks.
On the daily chart, the price fluctuates at high levels, moving averages have aligned, the Bollinger band is tightening, and the short-term trend favors bears; on the hourly chart, there is potential for a rebound and testing the resistance level, but trading volume is insufficient.
It is recommended to look at short positions on Bitcoin between 91500-991400, with a target of 90500.
For "touts" — short positions between 3100-3120, with a target of 3050#Gate储备金报告 #我看好的中文Meme币 #GateFun马勒戈币暴涨1251.09%
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Tuesday early morning Bitcoin and Ethereum market analysis and trading suggestions
Staying up late to monitor the market, every rise and fall affects every nerve. It's not that I work too hard; I understand this is a unique practice in the crypto world and a responsibility to the team. The price briefly surged to the resistance level after midnight, then pulled back, currently returning to the midline. Overall, it is in a phase of oscillation and adjustment. Continuous outflows of "mistress" funds may trigger a chain reaction, leading to a deep correction in price. The Federal Reserve's policy shift has been less than expected, macroeconomic conditions are worsening, and Bitcoin may adjust in tandem with risk assets like US stocks.
The daily chart is in a high-level oscillation, with moving averages flattening and Bollinger Bands narrowing, indicating a short-term bearish dominance; the hourly chart shows potential for a rebound testing resistance, but volume is insufficient.
Recommended: For Bitcoin, focus on short positions between 91,500-99,1400, with a target at 90,500.
For "mistress" positions, focus on short positions between 3,100-3,120, with a target at 3,050#Gate储备金报告 #我看好的中文Meme币 #GateFun马勒戈币暴涨1251.09%
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