The market will not pay for "following the crowd"; the consequences of account losses and psychological breakdowns can only be borne by oneself. The core of trading is based on logical choices rather than blind conformity. Reviewing the morning performance of the white plate strategy, it aggressively guided the market upward, and the Zhuo Wei team also timely arranged for students to enter the market, successfully capturing a space of 1092 points for Bitcoin and 87 points for Ethereum! In the afternoon, as the market continued to adjust, after retracing to our predicted entry point, the bearish trend remained unchanged, and we positioned ourselves to take advantage of this retracement, accurately capturing a space of 1051 points for Bitcoin.
The hourly chart of Bitcoin shows three consecutive bearish candles, indicating short-term retracement pressure, but the price remains above 118000, without breaking the stop-loss level, confirming strong support at this level; bears have repeatedly tested without success, and momentum is weakening. The three consecutive bearish candles were not accompanied by an increase in trading volume, and bearish selling pressure is not sustained, with retracement momentum diminishing. After short-term consolidation, expectations for a bullish rebound are rising, and operations should focus on buying at lower prices. Ethereum retraced to the predetermined entry point in the afternoon, which is within the expected retracement, the support level is deemed effective, and currently, it is a cost-effective entry point, opening up space for bullish rebounds, with clear opportunities for long positions.
Friday evening operational suggestion: Bitcoin around 118500, target at 12, stop-loss at 117500.
Friday evening operational suggestion: Ethereum around 3600, target at 3750, stop-loss at 3500.
