On Friday, the Bitcoin market remained in a range and fluctuated continuously. In the evening, after peaking at 84334, it quickly dipped down to a low of 83122, then repeatedly oscillated around the range of 84000-83000. Ethereum, after dipping to a low of 1932 in the evening, entered a process of slow upward fluctuation, with the price reaching a high of 1973. In the evening, Old Feng also seized the opportunity of the market's oscillation, decisively positioned a long Bitcoin order, entered near 83256, and prompted an exit near 84165, capturing a space of 900 points.
According to the current market situation, the four-hour level shows that the market is alternating between small bearish and small bullish movements. The MACD fast and slow lines are both running above the 0 axis at this level, indicating that bullish momentum is gradually diverging. From the one-hour level, the market is gradually returning to the middle track of the Bollinger Bands, and bearish momentum is gradually weakening, with the price not further dipping down. The KDJ indicator's three lines are gradually extending upwards, so at midnight we are optimistic about the bullish upward movement.
Bitcoin can be bought around 83500, targeting 85500.
Ethereum can be bought around 1950, targeting 2050.
