The market on Friday, $ETH , is also about to conclude. The Bitcoin price has mainly been fluctuating around during the day. In the evening, it showed strong gains with an increase of nearly 5000 points. It reached a high of 117266, facing resistance. Ethereum mirrored Bitcoin's trend, pulling back slightly in the afternoon before strongly moving upward. In the evening, it reached a high of 4749. Our bullish outlook provided during the day was easily achieved.

From the 4-hour chart perspective, the overall market is strongly bullish. However, after reaching earlier resistance levels, there are prominent upper shadows. After the peak, there was a slight pullback in the short term. On the 1-hour chart, it is evident that bullish sentiment has slowed down. There is a demand for a pullback in the smaller timeframe. As we are about to enter the weekend, the market typically does not show significant volatility. Therefore, at midnight on Friday, we will participate around the high positions.

Bitcoin: Short near 117000, Target 114500

Ethereum: Short near 4780, Target 4500#Strategy增持比特币