On Friday afternoon, Bitcoin's market fluctuated within a range, with the price first rising from a low of 117431 to a high of 118882, and then facing pressure, currently retreating back to around 107500. Ethereum's market followed a similar pattern, with the price rising from a low of 2963 to a high of 3040 before pulling back. In the afternoon, Yang Jie's team provided a strategy for re-entering the market on dips, while also positioning long Bitcoin trades near 117500 and exiting near 118900, capturing a small space of 1400 points. In the cryptocurrency world, it's not about who can run the fastest at any given moment, but rather about who can stand the firmest in the storm.
Based on the current market, the four-hour level shows that the trend has exhibited a relatively strong unilateral upward movement, with the overall structure remaining robust, accompanied by continuous upward movement of price highs. Bulls are persistently attacking, and a breakout on the upside would indicate an increase in volume, making the bulls' frenzy somewhat expected. The current market dip is indeed bullish; if there is no dip, then it would be a continuation of short-term buying to look for higher prices. Thus, the future trend remains quite apparent, and following the trend is the current main theme. From the one-hour level, the market may experience some corrections and pullbacks, but corrections serve to facilitate better upward momentum, allowing bulls to accumulate energy for a new surge. Therefore, we will continue to maintain the strategy of buying on dips in the evening.
On Friday evening, it is suggested to buy Bitcoin near 117000 with a target of 119500.
On Friday evening, it is suggested to buy Ethereum near 2920 with a target of 3100#ETH突破3000 $BTC
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