Today is also the last day before the weekend. After the price of Bitcoin dipped to a low of 104225 on Saturday evening, it began to rebound. By morning, the price of Bitcoin rose to a maximum of 105631 but faced resistance, and currently, the price of Bitcoin is in a sideways fluctuation. On the Ethereum side, after yesterday's double-bottom, it stopped at a low of 2486. Subsequently, the price started to rebound, with the current price reaching a maximum of 2539.

Looking at the 4-hour chart for the small cycle, after a narrow range consolidation yesterday, the market broke through the downward trend line and recovered to the upper track, indicating strong bullish momentum. However, the strength in the midnight rise suggests that in the short term, it may not be sufficient for the market to drop further. The current operating range is near the upper middle track, and there is still potential for a breakout on the daily line, so the operation today should mainly maintain a bullish outlook.

Operation Suggestions

Buy Bitcoin near 104800-105000 with a target of 106500

Buy Ethereum near 2500 with a target of 2580#BTC走势分析