Friday Morning Market Sharing
After experiencing a correction and recovery at midnight, the bullish forces once again demonstrated strong momentum, breaking through the key resistance level of 99,000 and setting a new high. The positions deployed in the early morning have successfully realized profits; as always, do not guess where the top is, as every pullback presents a great opportunity for us to enter.
Currently, after reaching a new high of 99,100, the pullback strength remains relatively limited. From the daily chart, the EMA trend indicator continues to diverge upwards, while the MACD shows signs of a top divergence, indicating that the main funds are still actively pushing the market higher, and the index has also broken through historical highs. In the short term, the resistance level is tentatively set around 102,000. Meanwhile, the short-term support line is also steadily moving upwards, and this morning we should focus on the support effect of the hourly midline at 97,500. If this line is not broken on the pullback, the bullish trend is expected to continue, and bullish sentiment will remain dominant.
Friday Morning Operation Strategy:
Bitcoin 97,500-98,000 buy target 100,000
Ethereum 3,330-3,360 buy target 3,450 #Bitcoin plummets 290,000 people liquidated##eth# #BTC☀ #ETH🔥🔥🔥🔥