Walking through Thursday into Friday, let's review the overall market situation during Thursday. The price of Bitcoin moved slowly and anxiously throughout Thursday, basically oscillating as it awaited the overall market trend from the evening CPI data, which caused some fluctuation. The daytime did not provide many opportunities, mainly focusing on short-term trading. After the release of the evening CPI data, the price of Bitcoin faced a downward trend, falling below the 80,000 mark and approaching the lower resistance level, with a minimum touching the low point of 78,416. As for Ethereum, it mainly focused on retracement during the day, with the price oscillating downward, and in the evening it further deepened its decline. The bullish outlook we provided in the evening regrettably exited. Mistakes are mistakes; there’s no excuse for oneself, only a hope to do better next time!

Looking at the four-hour level, after a series of consecutive bullish candles, a long solid bullish candle formed, followed by consecutive bearish movements. The previous rise has now been pulled back by the bears, pressing towards the previous resistance level around 78,000. The strength of this bearish trend suggests a significant retracement. At midnight, we can first focus on the retracement, closely monitoring the 78,000 level. If it breaks below, we will follow the trend and go short; conversely, if it breaks above the 80,000 mark, we will go long. Use 78,000 and 80,000 as key points for operations. Manage your own risks. Maintaining a clear mind at all times is the key to victory! #加密市场反弹