Latest BTC and ETH Insights for Tuesday Night

Market sentiment is experiencing a substantial recovery, and bullish momentum has been steadily building, now showing a clear upward trend. The core upward trajectory of the market's oscillation is becoming increasingly evident, with the overall pattern demonstrating strong continuation.

On the hourly chart, the previously anticipated W-bottom pattern has been perfectly fulfilled. After the price surged in the morning and touched the neckline of this pattern, it experienced a brief pullback and gradually tested the key support area at the bottom. This was followed by a rapid rebound, effectively stabilizing the price and completing the second bottom structure, thus laying a solid foundation for further upward movement.

Looking at the candlestick patterns, the pronounced long lower shadows at the bottom clearly demonstrate the strong resilience of the current support level. With selling pressure fully released in this round of adjustment, bullish momentum continues to build, further strengthening the potential for a rebound and continuously signaling bullish attacks.

BTC: Long at 89,000-90,000, target → 92,000, 94,200;
ETH: Long at 3,050-3,100, target → 3,200, 3,340.

Personal opinion for entertainment purposes only, not investment or financial advice!

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