$ETH In the cryptocurrency world, it's like climbing a mountain. The path looks winding and daunting, but you know that if you want to climb higher than your current position, you must choose the most effective way to ascend. As for how far you can go on that path, it depends on yourself. Bitcoin is operating as expected; the morning alert to short gave a target at 102800, and the mid-term short gained 3200 points, while Ethereum gained over 100 points. Once the target was reached, we waited for the market to stabilize before going long again, and Bitcoin gained another 1500 points, while Ethereum gained 55 points. The market from the afternoon to the evening was too lackluster, so there will be no further analysis here.

The technical structure still emphasizes the technical points highlighted during the day, remaining in a process of oscillation and repetition. After confirming support through a downward test, the rest is just a rebound. During the afternoon, we seized this point to follow up. After the bulls exerted force on the daily chart, it entered a correction. In the morning, we once again confirmed support, forming a double-bottom structure. From a structural perspective, it will open a new round of rebounds around the short-term bottom line of 102500. In the small cycle, the bulls are gradually recovering, and the frequency of hitting the upper resistance points is increasing, which significantly raises the probability of a breakout stabilizing. The overall pattern is basically one step back after another, not a strong one-sided move; in the evening, we can follow the trend to re-enter long positions.

On Friday evening, focus on Bitcoin short-term near 104500-104000 for long positions, with a target of 106500. For Ethereum, focus on near 2520-2500 for long positions, with a target of around 2650.