Friday Morning Bitcoin and Ethereum Market Analysis and Trading Suggestions

In the ever-changing battlefield of the cryptocurrency world, every market fluctuation is a severe test of investors' faith and strategies. Some retreat in the face of volatility, while true warriors choose to rise to the challenge and steadfastly move forward through the storm. This place is full of challenges and harbors infinite opportunities; only by constantly breaking through oneself can one stand firm amidst the waves.

Looking back at the market, Bitcoin continued its strong downward trend from last night, with prices dropping significantly. After hitting a low of 100305 in the early morning, the decline finally halted, followed by a rebound. Ethereum's trend synchronized with Bitcoin, continuing to decline, reaching a low around 2392.

From a technical analysis perspective, on the four-hour chart, the market broke through the lower Bollinger Band with a three consecutive bearish candle pattern, and the Bollinger Band opened significantly downward, indicating that the downside space has been thoroughly opened up, with strong bearish momentum. Prices keep reaching new lows, and there is no obvious support level below; the bullish forces are completely suppressed by the bears, showing no signs of recovery. On the one-hour chart, after a six consecutive bearish candle pattern broke through the Bollinger Band, the market temporarily stopped falling, rebounding after continuous lows, and prices returned above the lower Bollinger Band. However, this rebound, which seems to pause the bearish trend, is more like accumulating strength for another bearish test. Therefore, in Friday morning's trading, the bearish downtrend is still favored after the price rebound.

Trading suggestions:

- Bitcoin: When the price rebounds to around 102500, consider positioning short, setting the stop-loss above 102800, with the target price aimed at 100000.

- Ethereum: When the price rises to around 2450, it is advisable to attempt a light short position, setting the stop-loss at 2480, with the target aimed at 2350.

Risk warning: The cryptocurrency market is highly volatile and greatly influenced by news. It is recommended to strictly control position sizes, set stop-loss levels effectively, closely monitor market dynamics, and guard against extreme market risks. #我的COS交易 #美国初请失业金人数 #Circle扩大IPO规模 #币安钱包TGE #美国加征关税