Friday marks the end of the week and the start of the weekend. Historically, weekend market movements are not too significant, so we maintain a range-bound operation. On Friday, many markets showed an upward trend. Although Bitcoin's price retreated to around 81,000 in the evening, it just reached our expected level, and then the price surged, breaking through the 84,000 line. Our long positions were successful again. Although Ethereum today is trending upwards, the overall movement is still fragmented bearish to fragmented bullish, and the price has not reached a high position. We have closed all our long positions today.

With the situation slightly opening up, the fluctuations in the market have become more frequent in the past two days. Although both in the larger cycle and smaller cycle, the market is currently in a bullish trend, there is a clear resistance level above. During the day, the market mainly focuses on consolidation and repair, but the floating space should not be too tense. After a short upward spike in the morning, the price is now facing downward pressure again. Therefore, for cautious operation, it is advisable to focus on low long positions.

Trading Suggestions

Long positions in Bitcoin in the 82,000-84,000 range

Long positions in Ethereum in the 1,500-1,600 range