The market on Friday is also about to come to an end. The price of Bitcoin has been mainly fluctuating throughout the day. In the evening, a strong bullish candle raised the price by nearly 5000 points. It reached a peak of 117266, facing resistance. Ether followed the trend of BTC, pulling back slightly in the afternoon before strongly rising again. In the evening, it reached a peak of 4749. Our bullish strategy provided during the day was easy to grasp.

From the 4-hour chart perspective, the overall market is strongly bullish. However, after reaching the previous resistance level, there is a strong selling shadow. After the surge, there is a slight pullback in the short term. The 1-hour chart clearly shows that bullish sentiment has somewhat slowed down. There is a demand for a pullback in the small cycle. As we are about to enter the weekend, the market on the weekend usually won’t have too much volatility. Therefore, on Friday midnight, we will participate around the high short positions.

Bitcoin: Short around 117000 Target 114500
Ethereum: Short around 4780 Target 4500#加密市场反弹 #BTC