The market is always right, respect its power, acknowledge your limitations, and reflect and grow from each experience; the trend on Tuesday remains dangerous, after probing the upper resistance level in the early morning, it fell under pressure, and the downside eased only in the afternoon when short positions were relieved, followed by a strong push from long positions. We also positioned ourselves for a rebound, entering at 113815 to take long positions, waiting for a rise to 114981 to exit, securing over a k points of profit; subsequently, the price comparison did not break new highs, and as the price comparison showed a volatile upward trend, an unexpected event that no one anticipated, the "macro black swan" incident, caused the price comparison to experience two unilateral declines, completely pulling back the gains from several days of rise. Although long positions made some counterattacks, it was also difficult to recover in the short term.

Yesterday, the opening price was about 114,446, and during the day, there were multiple failed attempts to push up near 115,500, exhausting the strength of long positions and leading to a collapse in short-term confidence; the resistance level suppressed the market, and the weakness of long positions was also one of the reasons for today's plunge; the four-hour chart also shows a downward trend line pressure, and the price is below the EMA50 line, reinforcing the short positions pattern; from the MACD perspective, the histogram continues to decline, with the negative value area expanding and momentum weakening; until early this morning, it briefly dipped to the key resistance level of 112,000, followed by a rapid rebound; looking again at the MACD hourly chart, the histogram turned positive, forming a golden cross bullish signal, and the RSI hourly chart rebounded to 55, breaking through the neutral line; the strength of long positions is increasing, and the subsequent focus will be on the continuation of the rebound.
Buy Bitcoin at 113300-112800, target around 114500; Buy Ethereum at 3580-3550, target around 3650. #白宫加密报告发布#