Reviewing today's market, both sides of the battle are fiercely contending, neither giving way. The market fluctuates within the range of 120100-118400. For such a market, we should implement a strategy of buying low and selling high. Enter the market promptly, exit the market promptly, and do not hesitate in the slightest; hesitation will lead to defeat. Each layout should be refined to maximize benefits. The Zhuowei team also successfully guided students to precisely grasp today's market, with a successful trade capturing a gain of 65 points in Ethereum during the early morning. The morning layout for Ethereum gained another 102 points, while the afternoon layout for Bitcoin saw a strong return, successfully capturing 988 points. In the evening, another gain of 1056 points was achieved. Today's live trading successfully captured 2044 points in Bitcoin and 167 points in Ethereum.
The Bollinger Bands have transitioned from an upward expansion phase to a horizontal movement. The market is currently undergoing narrow fluctuations around the middle band. The current K-line is hovering near the middle band, with both bulls and bears locked in a tug-of-war. However, every pullback is quickly reclaimed by the bulls, indicating solid support below, and the buying power is continuously accumulating, suggesting a high probability of an upward breakout after the consolidation ends. On the operational level, it is essential to pay close attention to changes in volume; if the price breaks above the upper limit of the consolidation range accompanied by increased volume, one can enter the market in the direction of the trend. From an hourly perspective, the market quickly rebounded after touching the lower band of the Bollinger Bands, further confirming strong support at the bottom, with limited bearish momentum and a gradually clearer bullish trend. Overall, the current market leans towards bullish accumulation, and subsequent breakout signals need to be closely monitored.
Friday's trading suggestion: 118000-117500 range buy Target 119500 Stop loss 117000
Friday's trading suggestion: 3370-3350 range buy Target 3450 Stop loss 3300
