The weekend is about to end, and I didn't expect the weekend market to be so big. The market hit a low of around 100,500 in the early morning today, and rebounded. It has been showing an upward trend during the day, and it has been looking back one step at a time. As the status is constantly moving up, the highest point today is around 103,300. After Ethereum hit a high of 3912 at noon, it also showed a waterfall-like downward trend in the afternoon. After hitting the low, the market is also gradually rising. The bullish idea we gave in the afternoon has also been verified.

The short-term moving averages in the four-hour chart, such as MA5 and MA10, are intertwined and entangled, and the direction is not clear enough, indicating that the short-term market long and short forces are relatively balanced, and the competition between the two sides is fierce. The price frequently shuttles around the moving average, lacking obvious trend guidance. Although the medium-term moving average MA30 has a certain supporting or suppressing effect, its effectiveness is also weakened under the large price fluctuations

Operation suggestions

Buy Bitcoin at 102300-102500, target 104000

Buy Ethereum around 3850, target 3950

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