Tuesday's Latest Bitcoin and Altcoin Strategies

During the daytime, our entry points for Bitcoin are just right; there isn't much room for maneuver during the day. However, Bitcoin also has a value of around 1300, and Ethereum 80. After significant volatility, there will inevitably be fluctuations. Those seeking stability can try! Tonight, especially pay attention to the non-farm payroll data!

First, look at the daily chart of Bitcoin, which has already formed five consecutive down days, but the short-term support below has stabilized, and a bottom reversal signal is emerging.

After four days of decline on the 4-hour chart, a strong rebound pattern of two bullish candles engulfing a bearish candle has appeared, with the market fully dominated by bullish candles; the KDJ indicator remains low and shows signs of divergence upward, indicating that bullish momentum is gradually building up and releasing. The short-term volume and trend are forming positive resonance, and the upward momentum continues to strengthen.

On the hourly chart, the technical indicators clearly show stabilization signals: the lower band of the Bollinger Bands has begun to turn upward; the MACD bearish momentum bars have significantly shrunk; meanwhile, the Bollinger Bands are closing in, effectively blocking downward space. Coupled with the previous bottom-reversal pattern after consecutive declines, the bulls have fully accumulated energy, and the desire to rebound and recover lost ground is very strong.

Bitcoin: 84,700-85,600 Dodo, →87,500, 89,200;
Altcoins: around 2,890 Dodo, →3,050, 3,150.

Personal opinion, for entertainment only, not financial advice!