Trading requires emotional control to avoid greed and luck; calmness is the fuse for position management. Reviewing Friday's market, both sides of the long and short positions were in a tug-of-war, with time divided into two parts. From midnight to noon, the long trend gained the upper hand, guiding the market trend to continue extending upward. From the afternoon to the evening, both sides engaged in a tug-of-war, and the market fell into a state of range-bound fluctuations. However, this is exactly the market we anticipated; the stronger the market momentum, the more opportunities we will have. In the previous phase of the long trend, the Zhuowei team also timely arranged for students to enter long positions, successfully capturing a space of 3252 points for Bitcoin and 107 points for Ethereum. In the morning layout, both positions successfully captured a space of 1092 points for Bitcoin and 87 points for Ethereum. In the afternoon, as both sides engaged in a tug-of-war, we followed the trend and successfully captured a space of 1051 points for Bitcoin short positions and 1025 points for long positions. Today, with all seven trades in the real market layout being successful, Bitcoin captured a space of 6420 points and Ethereum 194 points. With this market, it is quite challenging not to take profits.
From the daily level observation, the market is currently running near the upper Bollinger band and continuously testing the upper band's resistance capacity. As the weekend approaches, the market is likely to enter a range-bound adjustment phase. Once the momentum has built up and settled, it is expected to break new highs again next week. The four-hour level shows that prices are hovering around the middle Bollinger band, while the three Bollinger bands are gradually closing, indicating that the short-term market will also fall into range-bound fluctuations, with both long and short sides temporarily in a state of balanced strength. At the hourly level, although the market is at the lower Bollinger band position, many successive shadow lines appear below. This signal directly confirms that the short position's pullback is hindered—strong support points below make it difficult for shorts to achieve significant pullbacks, while the long trend is gradually recovering lost ground. Comprehensive multi-timeframe analysis suggests that the weekend market will likely be dominated by range-bound fluctuations. In terms of layout, it is recommended to continue the high sell-low buy strategy, focusing on key support levels to layout long positions, seizing structural opportunities in the fluctuations while managing risk effectively, preparing for possible breakout trends next week!
Saturday's trading suggestion: Bitcoin range 117000-117500, target 119000
Saturday's trading suggestion: Ethereum range 3550-3570, target 3700
