The market on Monday was quite volatile, with intense competition between long and short positions. We entered long positions for Bitcoin and Ethereum in the early morning, and after gaining around 560 points and nearly 40 points respectively, we waited for the price to retrace during the day. Yesterday morning, we mentioned that if the long-term trend does not break the high, there may be a short-term retracement to confirm support. Therefore, after the price failed to break the high near 37200 and 2040 during the day, it retraced and tested the support level, confirming our defensive position. Bitcoin retraced by 400 points, and Ethereum retraced by 30 points. Although there were retracements, it did not affect our judgment. We do not chase the market up when it rises, nor do we chase it down when it falls. Although this retracement exceeded our expectations, it was a normal correction. Therefore, we entered long positions near 36750 and the 2000 level again this morning. As expected, we gained around 560 points in the early morning and around 40 points for Ethereum.

From the daily chart perspective, the price also formed a shadow line yesterday, pierced through the middle track, and closed above it, indicating that the support below is relatively strong. After confirming the pullback, the daily chart stabilized near the 37000 level. Today, the short-term trend continues to maintain a low long position, with support for the bulls ranging from 36700 to 36900, close to the middle track. Looking at the four-hour chart, after the price broke through the lower track during the retracement, it began to recover with the support of the lower track, moving towards the middle track. There may be a slow rise with consolidation during the day, but the structure remains strong.

On Tuesday, you can enter long positions for Bitcoin between 36900-37000, with a target of 37700. For Ethereum, you can enter long positions between 2000-2010, with a target of 2060.

Whether you are a novice or an experienced trader struggling in the market, or seeking stable profit methods, you can find guidance and strategies by following the public account: "山河哥论币" for real-time guidance and benefits.

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。