Bitcoin has recently shown a slight fluctuation trend, with Ethereum rebounding to around 2500 in the early morning. We entered Ethereum at 2508 early this morning and successfully captured a space of 74 points. The market is like this; it’s not that we always go long or short, but that the trend creates achievements. In this circle, fighting alone will inevitably exhaust both body and mind. It’s better to follow Brother Qiang’s footsteps to endure the market than to struggle alone!
The technical structure still shows no substantial changes. After failing to push up, it continues the trend of fluctuating downwards. However, the larger range is still converging, and the space is becoming increasingly narrow. The expected turning point window will open next week on Monday or Tuesday. Personally, I still tend to believe that the bulls will eventually break out and exert force. News disturbances are mostly short-term, and although the overall pattern of the small cycle is weak, the space below is clearly limited. The layout suggestion is to maintain a low long strategy and try to focus on short-term operations over the weekend.
Bitcoin can be bought at 104500-104300, with a target of 106000.
Ethereum can be bought at 2520-2500, with a target of 2600$BTC #比特币 .