Don't be disheartened by a momentary green candle, nor lose yourself in a fleeting red market. The tides of the crypto world are never dictated by emotions; the torment of staring at the screen in the early morning and the stimulation of account fluctuations are merely the exam papers that the market presents to traders. On Friday morning, Bitcoin's market showed a narrow range of movement, with the price under pressure after touching a high of 121899 in the morning, falling back until it reached a low of 120929 around midday before stopping, followed by a slight rebound, currently the price is around 1176380. Ether's morning performance also maintained a movement synchronized with Bitcoin, with the price falling from the morning high of 4395 to the current low of 4090. During the day, the consistently profitable strategy for holding BTC had a short position that gained 4496 points in space, while the Ether synchronized strategy also gained 289 points in space!


Bitcoin and Ethereum during the early and evening sessions have consistently reminded of the levels above 4370 and 122000. The market has repeatedly surged and then retreated, with a more significant drop to around 118100 and 4070 in the evening. The overall space is quite large, and all previous articles are available for reference. Currently, the market has stabilized somewhat, with attention on the daily level support at 117000 and 4060 where the previous spike occurred. If it holds above this support, we can expect a rebound; however, if it continues to break down, the market will further decline.
Operation suggestions:

BTC: You can buy around 117500, aiming for 120000.
Two cakes: Buy around 4050, target looking at 4300.
ETH-1.63%
BTC-2.1%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)