On Friday, can we open the range and see the '80s?
In the past few days, the market has been relatively quiet, as if it has lost its past popularity, with little activity. It’s possible that this round of the bull market will be washed out. But that said, there is always hope in this circle, you can't possibly be unable to have a dumpling, right? What do you all think!
From the current market sentiment, there is still a high probability of continuing to decline and breaking levels. Every Friday has been a big single-sided move. If today is the same, it will either break 10 or break 9. Looking at this week's trend, there is significant upward pressure, and going down might be a bit easier, after all, there are quite a few chips below 92000. Even if we can't break the low, washing it out a bit is also not bad.
The overnight rebound high point is 96500. Using this position as a watershed, the bearish view in the morning remains unchanged. The 4-hour K-line has been narrowing, so the probability of breaking levels is likely increasing. As the saying goes, a long-term horizontal trend must fall, we’ll see today.
For Friday's operations, still using light positions to look at wave strategies, no additions or compensations! Looking down at 92000 to 89000! If the rebound breaks 97000, then we’ll go long after a pullback. The inertia on Friday is very large, so try to be steady and don’t get washed out.
Ethereum has also come down quickly. You can look at 2900 together; this position should be tested once, and just go in one direction!
At the end of the year, the market is about making profits and recovering, it’s just a matter of time. This market, with just one round, I think is enough for you to be full.
