Yesterday at midnight, Bitcoin showed a range-bound oscillating pattern. The price first fell to a low of 117004 before rebounding, reaching the current resistance point of 118700; the Ether midnight trend remained in sync with Bitcoin, with the price rebounding to the 4610 resistance point. The trades set up last night and the morning trades included Ether with a gain of 138 points, while Bitcoin achieved a gain of 1039 points. The structural opportunities hidden in market fluctuations are often only available to participants who plan ahead and strictly execute strategies; controlling the rhythm and capturing the timing are key to profit potential.
From a daily perspective, the previous retracement trend had clear guiding significance, as the market precisely touched the mid-band of the Bollinger Bands, a key support level. As a medium-term bullish and bearish dividing line, the support effectiveness in this area was effectively released, becoming the core turning point for the market to shift from decline to rise, with the subsequent rebound laying a solid foundation for short-term trend recovery. The hourly structural framework is clearer: the low-point rebound pattern has been established, and after probing lower, the market shows a stepwise recovery feature, with the retracement process not breaking the previous low, forming a 'higher low' technical pattern. This signal indicates a continuous exhaustion of bearish momentum, and the retracement phase is actually a window for the bulls to accumulate strength. Meanwhile, the candlestick combination shows a positive trend, with an increasing number of bullish candles and larger bodies, reflecting a gradual strengthening of short-term bullish power, with significant improvement in market buying strength. In terms of short-term strategy, it is crucial to closely track the continuity of the rebound momentum this morning.
Friday morning suggestion: Bitcoin 117900-117500 range buy, target 119500.
Friday morning suggestion: Ether 4540-4580 range buy, target 4680.#主流币轮动上涨
