The bull trap situation is becoming clear, and the market tug-of-war rhythm is intensifying!
In the early trading session, the bullish volume contracted, and after a phased rebound to around 77,500, it faced resistance and pulled back.
The current oscillation range is gradually moving downward, with rebounds repeatedly testing the upper resistance of the range, and short-term pullbacks and supports concentrated around 76,600.
Overall, the white market's trading volume remains sluggish, and the market is still in a range-bound consolidation phase.
Ethereum's trend is basically synchronized with Bitcoin, rebounding to 2310 in the morning but facing resistance and pulling back, maintaining a downward adjustment trend in the short term.
Although the price was blocked around 2380 at midday, during sideways consolidation, the rebound momentum was insufficient, and future focus should be on key breakout signals.
Friends who positioned long in the early session can patiently hold their positions and wait for a second rebound and surge in the market.
From the overall market structure perspective, the trend is steadily operating within an upward channel, even though there were multiple quick pullbacks during midnight and midday, the bearish downward momentum remains insufficient, and the decline trend is unlikely to continue.
No effective breakdown signals have formed, and the market quickly stabilized and recovered, producing a strong bullish candlestick, returning to the upward rhythm.
This round of repeated lows effectively tested and solidified the lower support levels, combined with the pullback adjustments linked to external markets, and the overall bullish trend has not been damaged.
The medium-term bullish pattern remains intact, with continuous bullish volume release, strong market bullish sentiment, and ample short-term momentum.
The market is expected to target 79,000 in the future, with wave structures continuing to oscillate upward, steadily moving higher.
The Bollinger Bands are expanding in sync, and the bullish trend continues to strengthen.
The market strongly broke through the 77,600 middle Bollinger Band and solidified this level as a key support.
The second round of rally has already begun, with a clear short-term strength-weakness dividing line.
Focus on the key support at 76,000; as long as the price stays above this support, the bullish trend will not change.
If it effectively breaks below 76,000, the bullish momentum will temporarily end, and then a short position can be taken to profit from the pullback.
The overall trading strategy is mainly to follow the trend and remain bullish, patiently holding long positions and waiting for the market to continue rising.
Tuesday afternoon Bitcoin: buy around 76,500, target 79,000
Tuesday afternoon Ethereum: buy around 2,270, target 2,400
#Solana发布量子路线图 $BTC