The market never disappoints those who persevere; patiently waiting during fluctuations will eventually yield surprises when trends arrive. Yesterday, the intraday market movement was relatively smooth, showing an overall pattern of range fluctuations. In the evening, driven by the U.S. market opening, Bitcoin surged to around 94,000 points, while Ethereum followed Bitcoin, rebounding to around 3,380 points. Jinlin's analysis was realized, with yesterday's Bitcoin trading yielding a profit space of 7,340 points, and Ethereum also capturing a profit space of 357 points!!
From the current perspective, after stabilizing at the middle track of the Bollinger Bands on the four-hour level, the market strongly surged to the upper track area with two consecutive bullish candles. The momentum has been fully released, successfully breaking through the previous range consolidation area. Although the short-term upward momentum has slightly weakened, it has not changed the overall counterattack trend. On the one-hour level, two large bullish candles closed strongly, accumulating a significant upward base through a time-for-space approach, currently showing a converging consolidation trend. At the same time, various technical indicators have formed golden crosses pointing upwards, indicating that there is still room for further upward movement, but there is currently some resistance at this level. The evening layout should still focus on buying low, but remember to maintain good defense!!
Wednesday early morning strategy: Buy Bitcoin around 93,600-93,200, target at around 95,500.
Wednesday early morning strategy: Buy Ethereum around 3,340-3,310, target at around 3,500.$BTC $ETH

