#加密领域市场回调 Friday early morning BTC and ETH trend review

Today the market fluctuated back and forth, and it fell even harder in the evening. $BTC dropped to around 101500, while $ETH reached around 3275. Overall, the market is still weak, and it may test the lower space again in the early morning.

Our strategy today has always been to short first and then go long. We opened a short position at the 3460 level in the morning, and then reversed to go long near 3350 in the evening. The long position has touched the 3400 line a few times afterward, and the rhythm has been handled well, allowing us to profit from both short and long positions.

At present, the trend has not yet shifted stronger. The key support to watch below is the four-hour real K-line support — $BTC looking at the level of 100500, and $ETH focusing on the area of 3230.

On the technical side, after coming down from a high position, the daily line has continuously closed in the red, and the downward pattern has been clarified. After a rapid plunge, the four-hour chart has entered a phase of consolidation, with K-line fluctuations narrowing, and no effective breakthrough in key resistance and support levels. The four-hour MACD histogram has turned from green to red, but it is still hovering below the zero axis, indicating that the bearish strength is weakening; however, the larger framework has not changed. The daily MACD continues to diverge downward, with the bears still in control.

Comprehensive judgment: The price has already pulled back, and the cost-effectiveness of chasing shorts at this position is not high. It is recommended to wait for stabilization in the early morning and look for opportunities to place long orders.

Refer to the specific operations:
You can consider going long in the range of 101300-101800, with a target around 103000.
Buy in the 3250-3280 range, with an initial target of 3360.