On Friday, the Bitcoin market tested the high point of 94409 in the morning and faced resistance, dipping to a low of 92788. It then oscillated around 93000. Ethereum followed a similar trend to Bitcoin, rising quickly to the 1790 high before retracting, hitting a low of 1738 before stopping and gradually rebounding. In the morning, Sheng Ge's positions for Bitcoin and Ethereum short orders were entered around 93779 and 1782, respectively, and exited around 92883 and 1745. The Bitcoin short order captured a space of 900 points, while the Ethereum short order captured 37 points. Every day there are countless opportunities that slip by, but those who can truly seize them are often those with sharp insights and decisive execution. I have always believed that knowledge is power, and correct guidance is the beacon on the road to success. Therefore, Sheng Ge is committed to helping every student who trusts him find their wealth code by sharing market dynamics in real time and conducting in-depth analyses of investment logic.

According to the current market, the four-hour level shows the market is in a four consecutive bullish stance moving upward but clearly facing resistance above, giving some room for price retraction. However, this retraction lacks continuity, and the price is gradually rebounding after the retraction. Thus, this retraction can be seen as a corrective adjustment in the upward process. From the one-hour level, after experiencing a previous spike and drop, the market has gradually climbed above the middle band of the Bollinger Bands, which are opening upwards. The bullish momentum is displaying a continuous bullish stance, and the KDJ lines are turning upwards. Therefore, it seems that the previous retractions are all for the purpose of charging up the bulls, so in the afternoon, the strategy should maintain a low-buy approach after the retraction.

Bitcoin can be bought near 93000, targeting 94500.

Ethereum can be bought near 1750, targeting 1830.