Tuesday, continue to provide a bullish outlook for Bitcoin. From midnight yesterday to the morning, the target is clear, bullish at 108000. After a short-term fluctuation, the price of Bitcoin reached a new historical high of around 108300 in the evening. In actual trading, the layout has always revolved around Bitcoin. A total of over 3700 points were captured through three trades during the day, while Ethereum's movement was slower, with only two trades capturing about 140 points. Subsequently, Bitcoin was affected by the US stock market and short-term retraced to around 105600 before quickly recovering. It is currently fluctuating around 106600, with low positions being held in actual trading, and Little Li has continued to hold.
From the current overall pattern, market sentiment still shows a strong bullish rhythm, with a large amount of chips continuously accumulating in Bitcoin. Even if there is a pullback, it is quickly bought back. Meanwhile, despite Bitcoin's continuous rise, Ethereum has not seen significant gains. After testing the resistance at 4100, Bitcoin has been fluctuating around the 4000 mark. There is a high probability that it will undergo a catch-up rally. Currently, Bitcoin shows signs of establishing support around 105000, with resistance concentrated at the key level of 110000, followed by 1102000. Ethereum continues to focus on the resistance at 4100, with support at 3880. The bullish rhythm continues to maintain a bullish outlook while not chasing the market, trying to seize the opportunity of pullbacks to enter trades more prudently.
On Tuesday midnight, Bitcoin around 106000 continues to be held. If it retraces to this position again, it can still be traded. There is currently no expectation of a significant breakthrough. After consecutive rises, there will be a correction process. The target is focused on the 108000-108500 area. For Ethereum, continue to refer to the 3880 area for trades, with the target still looking at the 4100 level.