A week has quietly ended, and the weekend is here again. I planned to go long in the early morning, but the current position is obviously not suitable for entering the market. Many people are asking why there is no layout. I can only say that if I don’t understand, I won’t do it. If the pattern is too bad, I’m too lazy to do it. #BTC☀ #ETH🔥🔥🔥🔥
After the previous sharp correction, the bulls are also in the process of slowly regaining lost ground. Although the rhythm of the white plate in the past weekends belongs to the range of oscillation, the upward space after the oscillation can be seen to be quite good. From the perspective of the 4-hour structure, the downward exploration is slightly weak, and the overall upward movement of the bulls dominates. The current oscillation can be understood as the bulls accumulating strength again. Therefore, I am still optimistic about the strength of the double heads. For the subsequent orange, we first look at the depth of the retracement before the long orange.
Bitcoin is trading around 101000-100500, with an expected target of 103000. Ethereum is trading around 3900-3880, with an expected target of 3980.