Tuesday Morning

In the early morning, Bitcoin's second rebound tested 69500 in vain, facing pressure and falling back. Currently, it is fluctuating around 68500; ETH is also weakening, rebounding to 2050 but encountering resistance. Both key resistance levels have been validated.

The price on the 4-hour level rebounded near the upper track and faced pressure, with the Bollinger Bands closing and flattening, indicating that the market has entered a range consolidation. 69500 is a key resistance for the downward trend line; if it cannot effectively break through, a short-term decline will continue; if the second retest does not break below the 67500 support, a short-term long position can be considered.

Operation Suggestions

BTC: Long at 67500–68000, target 69500

ETH: Long at 1960–1980, target 2050

The above is a personal opinion for reference only.