Remember, the principal is the only qualification you have at the poker table. A stop-loss is not a surrender, but a way to leave enough confidence for the next opportunity; floating profits are just a numbers game, and cashing out is the real harvest. On Tuesday, the daytime market slowly oscillated downwards, touching the 85226 line, after which the bulls began to slowly recover and rise in the evening, currently recovering to a maximum of 87299. Given the previous decline, the price difference again provided a recovery space of over 2000 points. Ethereum has been relatively weak, with a downward spike in the afternoon, touching a short-term bottom of 2870, and recovering upwards in the evening to a maximum of 2962.
From the current overall market structure, the previous phase of rising volume and price has gradually come to an end, and the short-term trend has clearly shifted to a range-bound oscillation pattern. The deep correction during yesterday's trading session is not a signal of a trend break, but rather an effective test of the key support level below. After briefly breaking below support, the price quickly reclaimed lost ground, further validating the effectiveness of that support area. The Bollinger Bands are currently showing a clear narrow and flat shape, highly consistent with the current box oscillation structure, indicating that the price is likely to continue operating within the existing range in the short term, with no clear trend direction yet appearing. In terms of operations, consider strategically positioning long positions when the price retraces to the support area.
Trading Suggestions:
Bitcoin: around 86000, target at 90000
Altcoin: around 2850, target at 3200
