Looking back at yesterday's market, both long and short sides were in a constant tug-of-war, continuously guiding the market. The actual trading layout of Zhuowei also achieved great success, with a successful layout in the early hours of Friday capturing a space of 3252 points for Bitcoin and 107 points for Ethereum. In the morning layout, both sides successfully profited, capturing a space of 1092 points for Bitcoin and 87 points for Ethereum. In the afternoon, the long and short sides continued to grapple, and we followed the trend, successfully capturing a space of 1051 points for Bitcoin short positions and 1025 points for long positions. The actual trading layout has achieved a perfect record of seven wins, with Bitcoin successfully capturing a space of 6420 points and Ethereum 194 points.
From a technical perspective, on the 4-hour level, the price is oscillating near the mid-band of the Bollinger Bands, while the three bands of the Bollinger Bands are showing a gradual convergence trend. This pattern indicates that the short-term market is likely to fall into a range of oscillation, with the forces of both long and short sides temporarily at a balanced state, and there is no obvious directional guidance at the moment. On the hourly level, although the price is at the lower band of the Bollinger Bands, there have been many consecutive wicks appearing below. This signal directly reflects that the short side's pullback is being hindered, indicating that the support level below is strong, making it difficult for the shorts to achieve significant downward movement, while the longs are gradually recovering lost ground, indicating a possibility of stabilization and rebound in the short term. For the weekend layout, we will position ourselves with long positions by selling high and buying low.
Saturday operation suggestion: Bitcoin around 117500 short Target 119500
Saturday operation suggestion: Ethereum around 3530 short Target 3650
