$ETH Friday Afternoon Bitcoin and Ethereum Market Analysis and Trading Suggestions
To achieve what others cannot have, one must persist in what others cannot persist in. To turn an ideal palace into a real palace, one must work hard and build it brick by brick, quietly and diligently. Currently, Bitcoin is hovering around the 103900 line, having risen to around 104400 in the morning, forming a brief correction trend. However, the bullish strength is still strong, continuously challenging the peak resistance line, and the upward trend is inevitable; we just need to wait patiently. The upward trend of Ethereum remains stable.
The current technical pattern still maintains a cyclical mode, breaking through the previous high and then retracting to confirm support, with oscillation and accumulation before breaking through a new high again. Recently, we have continuously emphasized the need to maintain strategic stability in the bullish trend. During the morning session, the bulls indeed launched a strong counterattack and regained lost ground, but the technical aspect still needs to complete the structural pullback confirmation.
The current operational logic remains clear: focus on the repair of the pullback space; the upward market is inevitable, and the pullback is merely a process of energy conversion between bulls and bears.
Bitcoin around 103500-103000, target 105000
Ethereum around 2560-2550, target 2700