Midnight Friday Bitcoin and Ethereum Latest Market Analysis
Looking back at the long positions suggested in the evening, although the actual market did not provide the expected pullback position, we mentioned to lightly short to capture the pullback in the short term. However, as the US stock market opened, the price began to become active, with a wave of upward movement, and Bitcoin once again broke through the recent high, reaching around the 97800 line. Fortunately, the bullish trend has been repeatedly emphasized, and friends holding long positions should have gained quite a bit. Currently, the actual market is oscillating around the 97600 line for adjustment. In our evening strategy, we are waiting for the actual market to break 98000 to short once, and then layout long positions again when it returns to our expected level.
From a technical perspective, this short-term rebound has basically reached expectations. Although the overall trend structure remains bullish, after several consecutive highs, there will inevitably be some adjustment actions, after all, the market cannot keep rising indefinitely. Additionally, with the weekend approaching, market liquidity is decreasing, and there may still be upward movements at midnight. The expected strength will not be too large. Therefore, for short-term operations, it is suggested to short based on the current high point to see the wave of pullback correction!
Evening operation suggestions:
Long Bitcoin in the range of 95500-96000, with a target of 98000.
Long Ethereum in the range of 1800-1830, with a target of 1900.
#比特币 #比特币走势分析 #以太坊ETF批准预期