The benefits brought by Trump's inauguration have already started to take effect in advance.

The mindless surge of Bitcoin today, Tuesday, is a confirmation of this.

However, in terms of the extent of the increase, it is almost reaching its limit for the day, with the top pressing against the resistance level around 9.7.

The short-term trend has reached the 0.618 Fibonacci retracement resistance level, and the first round of resistance has not been broken. This evening, pay attention to the 9.65-9.7 range for potential downward opportunities.

Using 9.8 as a defensive point, after being pressured, be aware that the afternoon's gains may be completely swallowed. Watch for a pullback to 9.45-9.3.

The current increase in Ethereum is entirely based on the momentum driven by Bitcoin, so if Bitcoin is under pressure, Ethereum will also likely follow suit:

Aiming for a high point of 3230-3240 to seek resistance, I will continue to monitor the pullback points of 3120-3080 that were focused on during today's daytime session.

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