Bitcoin's current trend shows a clear "strong surge," in stark contrast to the previous volatile pattern. This rapid rebound and squeeze is essentially a reflection of a shift in strength between bulls and bears at the daily middle line. A firm hold on the middle line not only breaks the previous volatile situation but also signals a short-term bullish trend. 120,800, as a temporary resistance level, is expected to become a target for further breakthroughs by bulls. This process will also squeeze short positions and accelerate the market shakeout.
Operationally, a light long position can be considered in the afternoon within the 117,800-118,300 range. If the market retraces to support near 117,000, it could be considered a secondary layout opportunity. It's important to note that 117,000 is not only a technical support level but also a short-term dividing line between bulls and bears. Even if it briefly breaks below, as long as no effective breakout occurs, it can still be used as a point to add to the long position. The initial target is the short-term resistance level of 119,600, with further upward movement towards 120,800.
Compared to Bitcoin's strength, Ether's performance is more characteristic of a "fishtail rally"—short-term volatility is amplified, but trend continuity is weakened. This presents a high risk for chasing gains. The post-market rally is often accompanied by a decline in sentiment, so be wary of the risk of a sharp decline. It's recommended to wait for clear stop-loss signals or confirmed trends before investing to avoid falling into the trap of disorderly fluctuations.
Market rhythms may fluctuate over the weekend, so maintain flexibility and avoid excessive positions. We wish you smooth trading and a happy weekend. #BTC #ETH走势分析 #ETH #美联储比特币储备 #特朗普允许401(k)投资加密货币