Friday Afternoon Sharing

From the current trend analysis, the price comparison shows a continuous upward movement with a sustained extension, with high points being refreshed repeatedly. Although the position of 99,000 has not stabilized yet, breaking through this price level is merely a matter of time, and entering the high correction phase again will be the best proof. This phenomenon also indicates that the cryptocurrency price is constructing a new rising platform. It can be observed that the bulls have sufficient momentum and formation, and there will not be an immediate change in direction leading to a deep adjustment, at least not at this moment. On the contrary, after completing the correction, a new surge will be initiated again.

In terms of the short-term price trend structure, the market continuously tests the key level of 100,000. Under the circumstances of accumulating strength, it is highly probable that the bulls will break through the current price level and continue the upward trend. Although there may be some pullbacks during this period, such pullbacks are merely to accumulate enough momentum for an upward breakthrough. Therefore, it is advisable to continue to maintain a bullish mindset in response.

Afternoon Sharing Suggestion

For Bitcoin around 98,000-98,500, it is recommended to go long directly, with a target focus on 99,500-100,000. #Bitcoin Plummets 290,000 People Liquidated #BTC☀ #ETH🔥🔥🔥🔥