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Bitcoin and Ethereum market analysis and trading suggestions for Friday evening



Bitcoin hits a new high! The bullish army is on the rise, are you still hesitating? Timely changes in mindset and keeping up with the rhythm is the real battle! The current market shows strong momentum, with bulls dominating, and the market is steadily developing along a slow upward trajectory. The real market has once again surged, approaching the 118800 line, and we are now aiming for the 120000 mark.

The current market is steadily advancing along an upward trajectory. From a technical perspective, after successfully breaking through key resistance and opening up space, it has now entered a healthy technical adjustment phase—a moderate pullback after sustained increases is a normal correction. Looking at the market structure, there is still ample potential for a subsequent breakout to new highs. Therefore, the core operational strategy remains primarily focused on buying low, while closely monitoring market movements. The small cycle level clearly shows that prices are continuously fluctuating and gaining momentum in the upper range, which is precisely preparing for the continuation of the bullish trend. Especially the strong bullish momentum since yesterday once again confirms the rationality of going long in accordance with the trend.

Operation Suggestions:
Buy Bitcoin at the current price directly, target price looks towards 120000;
Long position near Ether 3020, target price can be seen at 3080.

The risk of counter-trend operations is relatively high, and blind short-selling is not recommended. Short-selling should be approached with caution and attempted with light positions only when the following conditions are met:
1. If Bitcoin retraces to 116800 and effectively breaks down: consider shorting with a light position.
2. If it pulls back to 116000 and breaks down effectively: This is a clearer bearish signal, and you can enter a short position, with a target at 114500.
Do not rush to short if the above position is not reached. Current operations should still focus on going long in the direction of the trend: a price pullback presents a buying opportunity. Be sure to set a strict stop-loss.
#BTC再创新高# #ETH突破3000# #VIP 专属空投嘉年华#
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HeavenBlessAndProtectvip
· 07-11 10:11
talking nonsense
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