Friday early morning Bitcoin Ethereum market analysis and daily summary

The market showed significant volatility today, presenting a clear "two-step" structure. Since midnight, the market has been steadily rising, with Bitcoin peaking around 104000 in the afternoon, and Ether reaching a high of 3563. Subsequently, the market took a sharp turn downward; although there was a tug-of-war between bulls and bears during this period, the bears ultimately maintained dominance, leading Bitcoin to refresh its phase low once again. In today's real trading operations, all previous long positions were perfectly closed with profit, with only a small loss on one long position in the evening. Overall, the gains remain substantial: Bitcoin accumulated a profit of 1543 points, while Ethereum earned 133 points.

Are you currently lost? Note that this is the key area to focus on for bottom-fishing! It is by no means wise to stubbornly pursue short positions at the current location.

From the perspective of momentum on the chart, although the market still has a downward inertia, the momentum of the decline has clearly weakened. Currently, the downward movement is more driven by panic selling, and the momentum for sustained breakdown is limited. It is expected that the market will enter a new round of volatility and consolidation phase. It is worth noting that the trend of Ethereum is significantly influenced by Bitcoin, which is particularly evident as Bitcoin sets new lows while Ethereum does not follow suit. Overall, the situation of insufficient downward momentum in the market has gradually become clear. As panic sentiment is gradually released, the capital side begins to show characteristics of "buying on dips," and spot buying is steadily recovering, laying the groundwork for subsequent rebound trends, which also resonates with the previously indicated second buying window.

Operation Suggestions:
Buy Bitcoin in batches within the range of 97800-98300, target 103000.
Gradually build long positions in the Ethereum 3150-3180 range, target
3400
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