The afternoon market is in a sideways fluctuation, with Bitcoin oscillating around 103000. Since the morning, the momentum for upward movement has remained, rising nearly 300 points before pulling back 100 points within the hour and starting sideways fluctuations.

Currently, the market is in a temporarily stable state, with the Bollinger Bands showing a contraction. There are still pullbacks at the hourly level, but the current moving averages are parallel and no significant signals have appeared yet. We will first observe whether the evening news will drive the market and whether the upward momentum can exert force again, with resistance levels looking at 105000/2500.

If the upward momentum halts in the evening, we may see a sideways decline as the weekend approaches, with initial support at 101500/2200. For medium to long-term positions, it is advised to take profits in the evening if upward momentum does not rise again, in order to prevent losses from a market pullback.

In the short term, it is still a pullback market.

Bitcoin target 104800 for levels 102200-102500.

Ether target 2450#本周高光时刻 #BTC重返10万 #BTC交易 #美联储FOMC会议 for levels 2280-2320.