Old Bao mentioned that the cryptocurrency market experienced severe fluctuations today, leaving the bulls in distress, and the evening saw intense rebound and washout phenomena.

Currently, the medium to long-term retracement level is at 94,000, with Ethereum at about 3,000. The profits taken have greatly improved our view on long-term layout.

As the weekend approaches, the market is not expected to be too volatile, with a slight rebound anticipated in the early morning. The intensity won't be strong, with a focus on the resistance levels at 97,900 and 99,100, while Ethereum's resistance points are at 3,455 and 3,530. If these levels are not broken, and the bears do not destroy them, there will still be another release. The high short strategy remains unchanged. In the next drop, a break below 90,000 for Bitcoin and 3,000 for Ethereum is expected.

The operational suggestion is to short after a rebound, with Bitcoin around 98,000 to 98,500, protecting against 98,900, targeting 96,500/94,500. For Ethereum, short positions are suggested around 3,480 to 3,500, targeting 3,350/3,250. #PCE通胀降温 #PCE通胀降温 #USUAL走势分析 #比特币市场波动观察 #加密市场回调