The road in the crypto world is fraught with thorns, but the brave are unafraid. With resilience as armor and innovation as a sword, they cut through all obstacles. On Friday morning, the Bitcoin market showed a clear pullback trend, with prices under pressure and falling after reaching a peak of 117591, dropping to a low of 116342 by midday. The Ethereum market moved in sync with Bitcoin, first rising to a high of 3969 in the morning before pausing, and then starting to pull back, currently reaching a low of 3886. In the morning, Sheng Ge captured the pullback trend of Bitcoin, placing a short order around 117473 and exiting around 116465, securing a 1000-point gain. The long order for Ethereum placed in the morning was entered around 3890 and exited around 3948, achieving a 58-point gain.

According to the current market situation, the four-hour level shows a certain pullback trend, but the continuation of the pullback is not strong at the moment. The Bollinger Bands are still maintaining an upward opening, and the overall market is still in an upward channel. Additionally, since the MACD indicator's fast and slow lines are still above the 0 axis, the current pullback is just a normal correction method. From the one-hour level, after the market broke down through the middle track of the Bollinger Bands, it has shown an alternating pattern of small bearish and bullish candles. The Bollinger Bands are narrowing in a parallel manner, continuously compressing the space. The KDJ indicator's three lines, which were previously extending downwards, have now turned into a parallel extension state, indicating that bearish momentum is gradually dissipating. Therefore, after experiencing a short-term consolidation, the overall market will still return to an upward trend. Thus, our afternoon operation will focus on low long orders after the pullback.
You can go long around 116000 for Bitcoin, targeting 118000.
Ethereum around 3850 can go long, target looking at 3960 #Gate & WLFI USD1 积分计划# #特朗普允许401(k)投资加密货币# #Gate跟单训练营晒单赢$2,000#