Looking at the short-term market data, in the hourly chart for Bitcoin, the price is hovering around the middle band, the Bollinger Bands are moving sideways, MACD bears are decreasing, and there is still upward space in the short term. KDJ is generally slowly rising, while RSI trading volume is steadily declining. In the short term, continue to focus on buying on dips. Looking at the space of two thousand points up and down, it was mentioned in the previous post.

Entering the weekend market, the trend will basically remain unchanged, and everyone should take a break! The bears are temporarily unable to have a decent pullback, while the medium to long-term bulls continue to hold. Manage your positions well and set your take profit and stop loss; don’t stare at the market too closely to avoid emotional disturbances! The reasons for the bulls and the bears can both be logically argued by people in the market, so there's no need to pay too much attention to them. If you are a trader with less than five years of experience, manage your stop loss well; trading in the direction of the trend is what you should be doing. Dreaming of getting rich overnight is fine, but you cannot rely on it! Today's market for Bitcoin should fluctuate within 2000 points, with the upper limit at 1040 and the lower limit at 1020. High leverage can be used for some high short positions, but the focus is still on the bulls, so look for a pullback to enter long positions first!