Friday Afternoon Bitcoin Latest Real-Time Market Analysis
Looking back at the long strategy given at midnight yesterday, the actual market movement was basically in line with our expectations, although the pullback was not very strong. The actual market touched around the 96200 line twice during midnight and early morning, and then began to rebound. We have been consistently planning to buy low in recent days, and all have achieved gains. This is the charm of following the trend; although sometimes the space is not large, it is stable. Currently, the actual market is oscillating and repairing around the 97100 line. We will continue to maintain the strategy of buying low in the afternoon, waiting for the opportunity to pull back to layout long positions again. In the short term, since the actual market is currently at a relatively high position, we can try short positions with light volume to capture the pullback.
Currently, the technical structure has not changed much. The daily chart continues to maintain an upward trend, with each step looking back. The overall shape is quite good, and as time goes by, after the oscillation adjustment, the coin price is expected to continue to rise. What we need now is just a matter of time; time exchanges for space. In the short cycle, the bullish trend is still quite obvious, with K-line high-level consolidation standing firm on the moving averages, and in the short term, there are signs of oscillation consolidating support. The structural shape is also quite good. In terms of this rhythm, there is no need to hesitate in operations; going long remains the main theme!
Operation Suggestions:
Long in the range of 95500-96000, target 98000.
