Bitcoin, Ethereum, Evening Analysis, Weekend Market Prediction

1: #BTC Bitcoin started to rise around the low point of 93500, reaching a peak of about 104000. In just 3 days, it rose by 11000 USD, with a very fast increase, and there was hardly any pullback during this rise.

Currently, Bitcoin's movement tonight is still grinding in the high range, oscillating between the high points of 104000 and 102300, with less than 2000 points of fluctuation and no clear direction yet.

Resistance above Bitcoin is at 103200, 103800, and 104500, while support below is at 102300, 101500, and 100600.

Personally, I feel that the probability of Bitcoin breaking new highs this weekend is low. The likelihood of a slow grind with small declines is relatively high. The lowest position we might see is around 100800, and for those who are shorting, these positions are profit-taking points.

2: #ETH Ethereum has risen from a high point of 1850 to 2490. In just 2 days, it has increased by 600-700 points, which is even more aggressive than Bitcoin. I have been reminding everyone not to short Ethereum, fearing that it might suddenly surge and squeeze the shorts.

Currently, the resistance above Ethereum is at 2380, 2430, and 2500, while the support below is at 2270 and 2140.

Overall, the trend for Ethereum remains upward. If it pulls back to 2270 and does not break below, it will continue to rebound towards the 2400 area. Whether Ethereum will continue to catch up this weekend is still uncertain, but I personally feel that it is also difficult for Ethereum to break through 2500. If it really reaches this point, it's still worth trying to short it, as at least this position has a low stop-loss and a good risk-reward ratio. If Ethereum does not catch up this weekend, then like Bitcoin, it may break through 2270.

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