$BTC $ETH On Tuesday morning, analysis and operational suggestions for Bitcoin and Ethereum
The old map can never find the new continent, and we are already sailing in an endless ocean; what limits you is not the wind and waves, but the heart that dares not set sail.
Looking back at early morning, Bitcoin retraced to a low of 85073, and Ethereum retraced to around 2890. The short position strategy for Bitcoin provided in the early morning was around 87300-87800, but the market did not provide the corresponding rebound trend, instead it fluctuated around a low of 86000.
From a four-hour perspective, the market has continuously closed three bearish candles and has rapidly broken down through the lower support of the Bollinger Bands from the middle track. The candlestick continues to extend lower, causing the overall three tracks of the Bollinger Bands to be under pressure and decline, making the bearish pattern very clear. Currently, the downtrend is further extending, with prices continuing to fall without a significant rebound, and downward momentum is continuously strengthening. Subsequent operational suggestions still focus on setting short positions after a rebound.
In operations, Bitcoin is positioned short around 87300-87800, with targets at 85000-84500.
Ethereum follows the trend of Bitcoin for execution.

