5.9 Friday Evening Analysis:
Bitcoin started an upward trend during the afternoon session, with the price climbing from around 102300 to about 104300, but then it experienced a pullback, returning to around 102300. However, Bitcoin has since rebounded, with the price showing a fluctuating trend around 103300.
Ethereum, during the afternoon, began to gain momentum around 2200, accompanied by an increase in trading volume, surging up to about 2490. However, the good times didn't last long, as the price then pulled back to around 2290. Currently, Ethereum's price is undergoing a fluctuating adjustment around 2345.
Bitcoin's four-hour structure indicates a contraction in volume when operating near the upper band, while the one-hour structure shows an increasing volume trend.
Evening personal suggestion:
For Bitcoin, pay attention to opportunities for a pullback to the area of 102700-102300, at which point consider entering a long position, targeting around 105000-105500.
For Ethereum, when it pulls back to around 2320-2300, it can be seen as a relatively ideal long entry point, with a target set around 2380-2400.
Bitcoin started an upward trend during the afternoon session, with the price climbing from around 102300 to about 104300, but then it experienced a pullback, returning to around 102300. However, Bitcoin has since rebounded, with the price showing a fluctuating trend around 103300.
Ethereum, during the afternoon, began to gain momentum around 2200, accompanied by an increase in trading volume, surging up to about 2490. However, the good times didn't last long, as the price then pulled back to around 2290. Currently, Ethereum's price is undergoing a fluctuating adjustment around 2345.
Bitcoin's four-hour structure indicates a contraction in volume when operating near the upper band, while the one-hour structure shows an increasing volume trend.
Evening personal suggestion:
For Bitcoin, pay attention to opportunities for a pullback to the area of 102700-102300, at which point consider entering a long position, targeting around 105000-105500.
For Ethereum, when it pulls back to around 2320-2300, it can be seen as a relatively ideal long entry point, with a target set around 2380-2400.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
BTC
103,949.24
+1.32%
ETH
2,684.67
+8.63%