Friday, the bullish trend remains unchanged, short-term upward movement is under pressure and we first look for a pullback.

The price of the currency reached a peak of 102500 in the early morning, then dipped again to the 99300 line before rebounding. Currently, it is consolidating around the 100k mark. So, where is the new entry point? It is near the 100k mark, which is also a major neckline. The major currency is oscillating between five-digit and six-digit values, exhausting the market's patience. When you lose patience, it is when the main force continues to exert pressure.

On the daily chart, after a large upward movement, it has retraced with small downward movements for adjustment. Focus on the middle track support at 98600. The KDJ indicator is moving downwards, with a bearish crossover trend. The downward pressure is evident, but the larger trend is bullish. Treat this downward pressure as a trap for shorts; aggressive traders can enter at the current price.

Friday morning recommendation:

Short the major currency at 100300-800, targeting 98000-97000. Short Ethereum near 3910-3930, targeting 3770-3600.

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