In the fluctuations of the K-line, you don't need to chase every hotspot, nor do you need to worry about temporary losses. The practice in the cryptocurrency circle has never been about who runs faster, but about who walks steadily and sees further. On Friday, the intraday market for Bitcoin and Ethereum saw Bitcoin rebound after continuing yesterday's drop to a low of 85199, with an afternoon peak touching around 88366. Ethereum's overall trend synchronized with Bitcoin, showing a fluctuating upward pattern from a low of 2811 in the morning, with prices reaching a high of around 2978 as afternoon approached.
The bullish trend remains unchanged, and the short-term consolidation is accumulating strength while the moving average system maintains a bullish arrangement. The short-term market has entered a phase of fluctuating consolidation, aimed at accumulating energy for further breakthroughs. Observing the 4-hour K-line structure, the price has completed a rebound from the bottom amid alternating bullish and bearish movements, and has now stabilized back above the upper track of the four-hour chart. Although the bullish momentum has temporarily shown signs of pause, this move is indeed a preparation for the next round of upward movement. In terms of operation, it is recommended to continue with a trend-following approach, relying on the overall bullish structure. In the evening, focus on buying opportunities near 87500 for Bitcoin, with targets gradually looking at 88500 and 89500. The 90500 level is a key resistance area; if it cannot break through effectively, consider reversing to short.
Operational recommendations:
Bitcoin: Buy around 87500, target 90000
Ethereum: Buy around 2900, target 3200
