$BTC $ETH On Friday, the market once again completed its movement. Here’s a brief review: Bitcoin experienced a strong bullish surge in the early morning, breaking through the new high and stabilizing above 106500. After a period of consolidation in the evening, it experienced a pullback, dropping from a high of 118191 to a low of 116611 before rebounding. It has now risen above 117000; Ethereum, on the other hand, slightly rebounded to a high of 3011 before facing pressure and falling back, touching a low of 2939 before rebounding. Throughout the day, following a bullish strategy, Bitcoin accumulated a profit of 6126 points, while Ethereum accumulated a profit of 311 points.

From the market perspective, the four-hour level shows that after six consecutive bullish candles, bullish momentum has weakened, leading to some pullback from the bears, and the price has corrected below the upper Bollinger Band; however, the Bollinger Bands still maintain an upward opening, indicating that the overall movement has not deviated from the upward channel, and the current pullback is a normal correction. At the hourly level, the market has oscillated downwards to the middle Bollinger Band, and the Bollinger Bands are gradually narrowing, indicating that the range of this pullback is limited, and the overall trend will not undergo a substantial change. With US stocks closed over the weekend, market fluctuations are minor, and it is expected to continue oscillating and adjusting within the range. One can take advantage of high-selling and low-buying opportunities, maintaining an overall bullish outlook, as the pullback presents a good opportunity to go long.

Bitcoin can be bought in the range of 116500-117000, targeting around 120000; Ethereum can be bought in the range of 2950-2970, targeting around 3060.