Tuesday Daytime Bitcoin and Altcoin Strategy

After an initial oscillation and upward movement, Bitcoin experienced a large bearish candle that broke through the short-term moving average, directly reaching the lower Bollinger Band. Currently, it has stabilized near the support level, with the candlestick showing a shrinking volume consolidation pattern.

At present, a stabilization structure has formed around 86,000. The RSI indicator has entered the oversold zone and continues to hover, indicating short-term oversold market sentiment. The technical correction and rebound demand continue to rise.

In the short term, the moving averages are temporarily diverging downward, but the medium- and long-term moving averages remain in a bullish alignment. The price is in a consolidation phase within an upward channel. This retracement to the lower band and key support zone is building momentum for the subsequent rally.

Trading Strategy
Bitcoin around 85,000, target 86,500, aiming for 88,000
Altcoin around 2,900, target 2,950, aiming for 3,080

If Bitcoin breaks below 85,000, stop-loss should be executed promptly, and wait for a lower entry point.