Friday afternoon Bitcoin Ethereum latest market analysis and trading suggestions

Looking back at the perfect execution of the strategy to long on the pullback provided this morning, the overall market volatility this afternoon is limited. This morning, Bitcoin quickly dipped to a low of 104521 but immediately rebounded strongly to recover lost ground. Friends who followed the strategy should have gained quite a bit. After that, the market basically maintained a sideways fluctuation pattern, and Bitcoin is currently oscillating around the 105600 level. As for Ethereum, its downward trend began yesterday afternoon and continued to decline. After experiencing a transformation of small bearish and bullish movements in the early morning, the coin price sharply fell back to a low of 2556, followed by a rebound. Currently, Ethereum's market shows a slow upward trend. We will continue to maintain the strategy of going long on the pullback this afternoon.

From the four-hour level, the candlestick chart shows a continuous bearish trend, but it has not yet broken through the key bottom support. Meanwhile, the ascending trend line support is located around 105000. Operation idea: Use this trend line as the dividing line for bullish and bearish positions. If the pullback can hold the 105000 support, the bullish view remains unchanged; conversely, if it effectively breaks below, it indicates that the market will enter an adjustment phase (i.e., a spatial pullback). After the adjustment ends, we still look for the bulls to restart their offensive and further push higher.

Afternoon operation suggestions
Bitcoin is oscillating in the range of 105000-105500, targeting 107000.
Ether in the range of 2570-2600, target 2650.

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