Friday Afternoon Bitcoin and Ethereum Analysis

As the time approaches afternoon, both Bitcoin and Ethereum have not experienced effective downward movement. Bitcoin began to fluctuate around 107100 after sliding down, while Ethereum started a trend of upward fluctuation after descending to 2433 around noon. Neither reached Wang's expectations, but fortunately, the key support levels and short-term resistance levels below and above are within Wang's expectations. Therefore, this ultra-short-term Bitcoin has a space of about 400 points, while Ethereum has a space of nearly 20 points. For low-leverage ant positions, this can only be seen as “a cannon shooting a mosquito,” while for strong positions, it is a long-term effective accumulation.

Looking at the actual market, both Bitcoin and Ethereum are undergoing short-term fluctuating tug-of-war. From a technical indicator perspective, the bullish and bearish forces are competing for the market. At this time, we have entered a stage where not operating is also a form of operation. After waiting for the fluctuation market to end, when a one-sided trend appears, we should dare to take action!

Bitcoin is currently fluctuating in the range of 107000-107500, looking to see if it can effectively break through 107800. If the bulls continue to increase volume, it will directly look towards 108500, while the lower support level is around 106500.

Ethereum is fluctuating upward in the range of 2430-2460. We can look towards the upper level of 2480 to see if it can be effectively broken like yesterday. If the bulls continue to increase volume, it can look towards the upper level of 2520, with the lower support level looking at the 2400 level.