The current callback is not the end point, but rather a preparation for the next round of upward momentum—true wealth accumulation occurs when one steadily moves forward amidst others' panic. On Friday morning, Bitcoin fluctuated downward, dropping to 111068 after probing the high of 112600; Ethereum experienced range-bound fluctuations, consolidating after falling from 4517 to 4436.
In the morning, taking advantage of the lack of rebound in the market, a short position was established at 111917 and exited at 111422, securing a profit of 500 points. Looking at the chart, the four-hour level shows two consecutive bearish candles breaking the middle band of the Bollinger Bands, with strong bearish momentum; KDJ and RSI are diverging downward, but MACD's dual lines are moving upward with positive values, suggesting a potential rebound after the pullback ends.
Trading advice: Buy near 110500, with a target of 113000! #BTC走势分析 $BTC #BTC☀