If you want to obtain the best things in this world, you must first let the world see the best version of yourself. Time is new every day. Starting today, give yourself more fresh possibilities: say goodbye to that restless, careless, negative, and lazy self. Face the sun, and there will be no shadows in front of you. A determination to change will surely grant you a new beginning in life. Defeating oneself is the saddest failure, while overcoming oneself is the most precious victory.

Hello everyone, I am trader Gege. Continuing from last time, is the mystique of Black Friday really that profound? Not necessarily. Yesterday, the market for Bitcoin saw another plunge after the opening of the US stock market, which was mentioned in the article, although the depth was somewhat beyond expectations. After a 4H level pin bar, a large bearish candle followed, briefly breaking below the 95000 level before rebounding and oscillating upwards.

When the box was about to break, the technical indicators were performing well, yet there was a significant plunge. However, the lower boundary of the box was not broken. Some in the market attributed this plunge to the theft incident involving Bybit, but I believe such news will create some panic in the market, though not significantly. After all, such news is not enough to shake the crypto world; we have seen bigger storms before, and these are just minor disturbances. I rather think that the plunge at a critical breakout moment is more about institutions and market makers using news to wash out high leverage positions, especially since there has been considerable accumulation of upward momentum after such a long period of oscillation. After the washout, we will observe the reactions of retail investors in the market, which will determine the next steps for harvesting and looking at the chips for a second exploration; it has a bit of a conspiracy theory flavor, so just take it as a reference.

After this experience, my sentiment towards a second exploration has actually decreased. As long as the short-term support below does not break next week, we will look towards an upward breakout, with Bitcoin aiming for above 102000 and Ethereum above 3000. If Ethereum gives another opportunity for a second exploration, that would be even better, providing a better price.

Currently, the volatile market is confirming a somewhat frustrating mindset, which is normal. The market spends most of its time in a consolidation phase, so more patience is required, as prolonged oscillations of 1-2 months are common. Adjust yourself accordingly; whatever the market conditions, respond with the appropriate strategies. For the short-term trading of Bitcoin and Ethereum this weekend, we will temporarily use yesterday's low as a boundary for entry above it, and buy on dips. That's all for now; have a great weekend!!!

Short-term suggestions for Bitcoin from 2.22-23: Buy at 95800-95300, with a stop loss of 600 points, aiming for 1000-2000 points.

Short-term suggestions for Ethereum from 2.22-23: Buy at 2660-2630, with a stop loss of 50 points, aiming for 80-120 points.

These suggestions are for reference only. Ensure proper risk control when entering the market, and manage your profit and stop-loss spaces accordingly. Specific strategies should be based on real-time conditions, and you can consult for more details.

Alright, friends, we will say goodbye until next time. I wish everyone success in their endeavors and smooth sailing in the crypto world! More real-time suggestions will be sent internally. Today's brief update ends here. For more real-time suggestions on Bitcoin and Ethereum, find Gege.

Written by/ I am trader Gege, a friend willing to accompany you in your resurgence.

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