The world of money has never had order, and it is even a chaotic world without logic. When we believe in rules, we are deceiving ourselves into a dangerous dream. The Zurich Law does not specifically tell you to stay awake, but the implied meaning in all laws is that you need to do so. Do not let yourself doze off in patterns and rules, or when we wake up, we may find ourselves bankrupt.
The market on Friday ultimately did not choose a direction, once again falling into a state of fluctuation, with the lowest retracement around 83,200. There was nothing particularly noteworthy in the entire market. As for operations, the highest rebound was around 84,600, and there was no entry point near 85,000. Most of the time, it fluctuated around 84,000, leaving little room for operation, only allowing for very short-term trades.
Today is Saturday, and based on the market trends of the past few weekends, there is basically no significant market fluctuation. Technically, there is not much difference from yesterday; the daily chart closed with a small bearish candle yesterday, and the coin price is currently supported by the MA14 line, with low volatility. The main resistance above is still at 87,500. If it can break through this level, there may still be potential in this bullish cycle on the daily chart; otherwise, if it returns to a bearish cycle, it may need to find new low support.
There is not much to see on the four-hour chart; the current K-line has shown a small consecutive rise. In the recent cycle of the four-hour K-line, there have been relatively more bearish candles, and the rebounds have shown small bullish rebounds. From the perspective of bullish momentum, the strength seems slightly insufficient, and the market has not yet provided a clear direction. Saturday's market may be a bit tangled, perhaps some fluctuations will occur tomorrow evening.
As for operations, there is no need to rearrange; according to yesterday's suggestion, positions can be set around 85,000, with 86,000 for additional purchases, 86,700 for stop-loss, and targets looking at 82,000-81,000. If the bearish trend continues, it may drop to 79,000, with buy orders set at 79,000 and 77,000.
For Ethereum, according to yesterday's suggestion, it should have entered a short position at the 1,900-2,000 range, and that remains unchanged.
Finally, I wish everyone a pleasant weekend. The weather is just right, spring is suitable for outings, and it's great to spend time with family!
【The above analysis and strategies are for reference only. Please bear the risks yourself. The article is subject to review and publication, and market changes in real-time may lead to delays in information. Specific operations should follow real-time strategies. Feel free to contact and discuss the market.】
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