Friday Afternoon Bitcoin and Ethereum Market Analysis and Trading Guide

In the early hours of Friday, after Bitcoin's price dropped to a low of 100305, it rebounded and has since climbed to a high of 102178. Ethereum's movement is highly synchronized with Bitcoin, rapidly rebounding after dipping to a low of 2381 in the morning session, reaching a high of 2436. It is worth mentioning that the short position strategy for Bitcoin and Ethereum laid out by Jie Ge at midnight yesterday successfully took profit in this morning's session. Specifically, the Bitcoin short position was entered around 103808 and exited near 100523, yielding a profit of 3200 points; the Ethereum short position was entered at 2564 and exited around 2470, achieving a profit of 157 points.

From a technical analysis perspective, the four-hour K-line chart shows that after experiencing three consecutive bearish candles, the market has temporarily stabilized, with bullish momentum starting to build, pushing prices up. However, the MACD's fast and slow lines continue to extend below the zero axis, and the histogram is expanding in the negative range, indicating that the current rebound may only be a brief correction within a bearish downtrend. Looking at the one-hour level, although prices have gradually rebounded to below the middle band of the Bollinger Bands, the opening of the Bollinger Bands continues to point downward, and the middle line is also trending downward, keeping the overall movement firmly suppressed within a descending channel.

Based on the above analysis, the afternoon trading suggestion is to primarily adopt a high short strategy:

- Bitcoin: Consider laying out short positions in the 102500 - 103000 range, with a target price of 100000.

- Ethereum: It is recommended to try shorting near 2480, with a target point set at 2380.

Please note that the cryptocurrency market is highly volatile, and investment decisions should be made with caution. It is advised to manage risks carefully and control positions reasonably.