On Friday, we maintained a bullish outlook for Zuo Duo throughout the day, with a clear target around 98000. In the evening, the market once again reached a new high at the 97850 line as expected. White Pan has repeatedly reminded us and emphasized that the bullish trend pattern is very obvious. Since the direction has been determined, the remaining task is to follow and participate.
From a technical perspective, this short-term rebound has basically met expectations. Although the larger trend structure remains bullish, after consecutive highs, there will inevitably be some adjustments, as the market cannot keep rising indefinitely. With the weekend approaching, market liquidity is expected to worsen, and there might still be upward movements around midnight. The strength of these movements is not expected to be too strong. Therefore, for short-term operations, consider shorting at the current high point to look for a pullback correction!
On Friday midnight, for Bitcoin, consider shorting once at the 98000 line when it reaches a high. Below, focus on the 95500-96000 area. If it does not break that level, it is highly likely to oscillate in this range over the weekend, so if there is no breakout, trading within this range by selling high and buying low should suffice over the weekend!
