The market won't rise just because you're anxious, nor will it fall because you're hopeless. The true winners are not those who predict the market, but those who know how to respond and follow the trend. The Tuesday market movements are entirely consistent with the ideas we shared in our morning article. Bitcoin and Ethereum are both dominated by bullish trends. Bitcoin rebounded from the early morning low around 68,333 and has been on an upward trajectory. After hitting a high of 71,272 in the afternoon and facing resistance, it experienced a pullback. In the evening, after touching a low of 69,184, the bulls regained strength and pushed toward a short-term new high, currently reaching around 71,748. Ethereum started its rebound from the early morning low of 1,988, reaching a high of 2,074 before facing resistance. In the evening, after retesting the low of 2,007 and making a second push higher, it reached a high of 2,088.
For today’s layout, Brother Jin remains firmly bullish. In the morning, long positions near 68,500 for Bitcoin and around 70,200 for an exit with a profit of 1,700 points, and long positions at 1,998 for Ethereum with an exit around 2,068 for a profit of 70 points. In the evening, re-entry signals are given on pullbacks: buy near 69,600 for Bitcoin and around 2,016 for Ethereum, each with respective profit targets of 1,700 points and 67 points.
From the current market situation, the midline of the daily and four-hour charts for Bitcoin still plays a key role in distinguishing bullish and bearish forces. Once this critical level is broken, it accelerates and deepens the correction, but if support is not stabilized, a short-term rebound above the midline could still indicate a market trend toward further upward movement. Currently, the short-term selling pressure has largely been exhausted, and the bearish momentum is gradually fading. The pullback lows are rising step by step, forming higher highs. The market is now building a bottom support zone, preparing for the next surge, signaling the establishment of a new trend. Although the market will face a period of consolidation and accumulation, testing lower support levels to stabilize and then move higher, effectively recovering and forming a healthy upward process, the short-term outlook remains for continued adjustment, while the medium and long-term trend remains bullish.
Wednesday early morning, consider going long near 69,500-70,000 for Bitcoin, with targets around 71,500-72,500. For Ethereum, consider going long near 2,000-2,015, with targets around 2,100-2,150.