Bitcoin and Ethereum Latest Market Analysis on Friday Evening
Looking back at the afternoon bullish strategy, it reached expectations, with the afternoon high touching around the 95000 level. After that, it faced pressure and fell back; currently, the real market is fluctuating around 94400. The bullish momentum is sufficient; friends who followed the strategy should have gained nearly a thousand points of space. Our evening strategy remains focused on low buying; aggressive traders can try a small position now, and to be safe, it’s better to patiently wait for a suitable retracement point before making a layout.
From a technical perspective, the 4-hour MACD golden cross continues, and the KDJ indicator remains upward, indicating a strong short-term trend. Key support has moved up to the 94000-93800 range, and the upper resistance focuses on the psychological level of 95000. After a breakout, it is expected to test the 95500-96000 area. The operational suggestion is to buy lightly around the 94000 level if it stabilizes, targeting above 95000; if it rises to 95500-96000 and faces pressure, consider a short position. It is essential to closely monitor the evening U.S. stock market trends and changes in market sentiment, and it is advised to implement strict risk control to avoid chasing highs and cutting losses.
Operational Suggestions:
Buy Bitcoin around 93500-94000, target 96000
Buy Ethereum around 1730-1760, target 1850