Friday has also come to an end. Overall, the market touched a low of 102614 in the morning and then rebounded. The price of Bitcoin has been showing a slow upward trend throughout the day. The daily high reached around 105912 but faced some pressure. All of our long positions set up during the day have been exited with profits! Ethereum has also shown a basic slow upward trend during the day. As we are about to enter the weekend, historically, weekend markets do not provide much, so we should still treat the weekend with a range-bound approach.

From the current overall market rhythm, after a previous decline, there has been a slight rebound during the day. The hourly chart shows consecutive upward movements, but the price is gradually moving upward, albeit relatively slowly. As time progresses, after a pullback, the price will also provide a sustained upward movement, and breaking through the short-term resistance level is just a matter of time. In terms of short-term structure and pattern, although the price is slightly under pressure, showing a minor pullback, the intensity is not as strong. During midnight, we can still participate around low longs and pay attention to the 106000 mark.