The intraday market has completed its movements. After stopping the decline near 102327 in the morning, the price rebounded and reached around 104373 in the afternoon. Subsequently, it faced resistance and fell back, maintaining overall fluctuations in the range of 102000-104000. The Ethereum performance was stronger, quickly rising after breaking through the 2300 level, reaching a maximum near 2500, and then retracing to around 2300 for consolidation. Our practical thinking remains online, and we have accurately grasped the overall rhythm, reaping abundant rewards.

From the current trend, the market's overall direction remains bullish. On the daily chart, the price operates within the upward Bollinger channel, with the middle line steadily moving up, indicating a good medium-term upward structure. On the 4-hour chart, the price shows signs of stagnation, with reduced K-line volume and increased upper shadows, indicating initial high-level pressure. However, during the correction process, trading volume has decreased, and key support holds well, stabilizing market sentiment. On the smaller time frames, the Bollinger Bands tend to be parallel, currently in a phase of upward consolidation with bullish volume continuing. Given the uniqueness of the weekend period, it is expected that after this fluctuation, there will be a certain period of narrow fluctuations. Blindly chasing highs is not recommended; maintaining a strategy of shorting high and going long low is advisable for response.

Buy Bitcoin at 102500-102800, targeting 104000.

Buy Ethereum at 2290-2310, targeting near 2400. #本周高光时刻 #BTC重返10万 #Stripe稳定币账户