Whether it's life or trading, investing is an exhibition of human nature, a mirror reflecting everyone's attitude and humanity. People tend to choose to believe after the end, rather than believing before. The market on Tuesday midday is still in a recent downward fluctuation. Although the overall space has not given much volatility, it has retreated from the high point of around 89000, currently touching a low of 87378. The Ethereum trend has shown a short-term pullback adjustment during midday, currently touching a low of around 2908. The long position strategy given in the morning has been perfectly validated, and the short position of Shihuanbuju has already gained 1606 points, with Ethereum also having a space of 70 points. In this kind of market situation, we must look at the market rationally, manage our risk well. There is no clear trend direction in the short term, seeking resistance at high points and finding support at low points, this is the essence of the market's vastness. Today, we only need to look at the long positions' counterattack.



From the current market perspective, the short-term long positions momentum shows a clear "flash in the pan" characteristic. The previous overnight long positions surge did not form an effective trend continuation, and the rapid decline of the market directly negated the validity of the short-term upward movement. It also confirmed the lack of sustained support from funds chasing high positions, consistent with the typical trend of a pullback after a false bullish market. The daily level has released clear signals of short-term resistance. During the price decline, the daily candlestick formed a large bearish body and directly touched the key mid-level resistance point—this position is not only an important pressure line in the current market but also the core breakout point for the previous long positions market. Under the dual key level suppression, the price failed to achieve an effective breakthrough, further confirming that the short-term upward channel has been temporarily closed. In the short term, Bitcoin is likely to maintain a box oscillation pattern, waiting to determine the subsequent direction after a breakout.

On Tuesday midday, Bitcoin hovered around 87800-88000, short positions, target focus on 85000.
Ethereum is bearish around 2930-2950, looking at 2800.
ETH0.78%
BTC0.24%
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