Friday Afternoon Analysis Suggestion

In the morning market trend, Ethereum faced pressure after reaching a high point of 2956 and showed a downward trend, temporarily stabilizing after hitting a low of 2886 in the morning session. Meanwhile, Bitcoin also faced pressure after rebounding from a high point near 76350 in the morning, dropping to a low of 75576 before rebounding.

From a technical structure perspective, the current market is still in a phase of weekly breakout continuation, with momentum remaining strong and no significant reversal signals appearing. The market primarily exhibits characteristics of a continuation pattern, and due to the overly full closing of the weekly candlestick, it indicates that the market is likely to maintain a bullish stance towards the end of this week and into next week. On the daily level, the bullish trend has been initiated and continues to maintain an upward momentum. Therefore, in the short to medium term, we remain steadfast in our bullish viewpoint.

However, it is worth noting that a one-sided upward trend may evolve into a fluctuating upward trend due to the strength or weakness of momentum. Therefore, on this key node of Friday, we do not recommend blindly following the trend as in the previous days, but rather, we should pay more attention to pullback opportunities and look for support levels to initiate long positions. This strategic adjustment will help us grasp market opportunities more robustly.

Afternoon Trading Suggestions

Buy Bitcoin near 75500, with an initial target of 76900.

Buy Ethereum near 2880, with an initial target of 3000.#美联储利率决议来袭 #BTC创历史新高