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Details: ht
#数字货币领域调整# On Friday, the cryptocurrency market showed a clear differentiation in trends, with mainstream tokens performing differently. Bitcoin initially declined to a low of 108,627 during the day, then rebounded somewhat, but after reaching around 110,250 in the evening, it faced pressure again, overall maintaining within a fluctuating range. Meanwhile, Ethereum demonstrated stronger market resilience, making a strong push from the day's support level of 3874, continuously rising in the evening until it reached 4066.
From a technical perspective, the current four-hour chart structure shows that the market is undergoing a typical weak recovery phase. After experiencing three consecutive bearish candles, the price has entered a technical rebound stage, but the upward momentum is clearly lacking and is still being suppressed by the mid-range of the downward channel. Although there are signs of a brief stabilization in the market, the buying power is insufficient, and the price has consistently struggled to break through the key resistance level. From a pattern analysis, the current downward structure remains intact, and the bearish-dominated market pattern has not fundamentally changed. Based on these observations, weekend trading strategies suggest focusing on short selling opportunities at high levels, especially paying attention to the price's reaction near the upper boundary of the channel, which can serve as an important reference for entry timing.
For Bitcoin, it is recommended to consider placing short positions in the range of 109800-110300, with a target level to focus on at 108500.
For Ethereum, look for shorting opportunities in the 4030-4060 range, with a target level of 3900. $BTC $ETH