Friday BTC.ETH Highlights!

Thursday welcomed a highlight moment, with Bitcoin making a strong breakthrough past the 110,000 mark, showcasing a textbook-level oscillation upward trend. In the early trading phase, Bitcoin first tested the lows to build momentum, then launched a fierce offensive. Although a technical pullback occurred after breaking the 110,000 mark, briefly retreating to the starting point, the bulls quickly regained ground, displaying strong upward momentum. Currently, it has not fully stabilized above 110,000 and is in the phase of confirming support through a pullback.

Ethereum also performed brilliantly, hitting the target resistance level of 2635 during the day before experiencing a technical pullback, now having fallen below 2600. Thanks to the firm execution of the main bullish strategy throughout the day, a perfect landing was achieved.

From a technical analysis perspective, the pullback strength in the short term is limited, and it is expected to maintain a high-level oscillation recovery trend, with relatively narrow space for further downward movement at midnight. During the adjustment phase after a rapid rise, it is essential to focus on the trend recovery of smaller time frames. Once the indicators are repaired, there is a high probability that the upward trend will continue. Therefore, it is recommended to focus on buying on dips:

$BTC Buy Bitcoin around 108800, targeting 109800, 111000;

$ETH Buy Ethereum around 2550, targeting 2600, 2650.

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