High Fluctuation, High Risk, Strong Regulation - If you cannot bear a 50% Slump in assets or do not understand contracts, staying away from here is wise.

The market on Tuesday has completely ended. The price of Bitcoin continued to decline in the early morning, reaching 118050, and then the altcoin was in a consolidation phase. After a slight downturn in the evening, following the release of the CPI news, Bitcoin experienced a surge in trading volume, rising to the 120,000 mark in the late night before facing resistance and retreating. The altcoin's trend mirrored that of Bitcoin, but the stimulus from the evening's news caused a more intense rally, soaring from around 4290 to a high of 4505, and it is still fluctuating at this level. In the morning, Old Wang did not make a unified layout due to a live broadcast. When friends inquired, he offered some advice. It wasn't until the afternoon that he began to organize operations with his students, but the market in the afternoon was quite slow, only making a few trades. Fortunately, during the evening's surge, Old Wang managed to capture quite a bit of space with his students, which helped ensure that the day's gains were not too small. Overall, Bitcoin gained 1711 points and the altcoin gained 297 points during the day.

Now let's analyze the subsequent market trends. Bitcoin's price is currently oscillating around 119000 after a rise in the evening. The K-line has retreated above the middle track of the Bollinger Bands. Technically speaking, although the volatility has slightly decreased, the signal indicates a struggle for dominance. However, I believe there will still be some correction before a rebound. Looking at the 4-hour chart of Ethereum, the K-line has exceeded the upper track of the Bollinger Bands, entering an overbought state. The technical signals uniformly indicate a bullish signal. I expect that there will be a corrective oscillation around 4450 before another rise in the early morning to effectively break through the 4500 level. In the early morning, I suggest maintaining a strategy of waiting for a pullback to accumulate. Currently, we can only observe the market and not engage in trading, as it may lead to issues. We need to pay close attention to the various support levels and the resistance levels above.

Operation Suggestions:
The pancake is between 118200-118700, looking at 120000.
Auntie 4430-4460 Duo, look 4550 #TOKEN OF LOVE 重磅回归# #比特币市值超越亚马逊# #晒出我的Alpha积分# #加密总市值创历史新高# #预测 BTC 多空走势#