There is no need to get caught up in the momentary ups and downs; the dividends of the trend are only left for determined traders who align knowledge and action. Reviewing Friday's intraday performance, Bitcoin continued the pullback trend from the previous trading day, quickly stabilizing and rebounding after dipping to a low of 85199. In the evening, bulls made a strong push, with the price climbing to a peak of 88610. Ethereum's performance is highly correlated with Bitcoin, starting the oscillating upward channel from a low of 2811 in the morning and reaching around 2994 in the evening, presenting a strong rebound pattern overall.
The current market has entered a healthy adjustment cycle, with positive signals continuously being released. This pullback has provided ample upward space for future market expansion, representing a typical process of accumulation and momentum building. Some quality assets in segmented tracks are strengthening against the trend, highlighting that the market is gradually shifting towards a rational value orientation. From a technical perspective, the pullback low points are showing a gradual upward trend, and trading volume is shrinking simultaneously, indicating that selling pressure has significantly weakened. Long-term allocation funds are taking advantage of this adjustment to build positions in batches, demonstrating strong confidence in the medium to long-term trend. The industry fundamentals are solidly supported, with continuous improvement in technological innovation iteration and institutional acceptance levels, forming a stark divergence with current prices. The subsequent valuation repair space is worth looking forward to. Historical experience shows that when investor sentiment hits the bottom, it is often a golden window for quality asset positioning. At this time, focus should be on core fundamentals, steadily allocating during the market bottoming phase, and patiently waiting for value to return.
Bitcoin: Laying long positions around 86500, targeting around 88500.
Ethereum: Laying long positions around 2930, targeting around 3000.
