$BTC $ETH Friday morning Bitcoin analysis and trading suggestions

Reviewing the early morning trend, the Bitcoin market overall remains within a recent fluctuation range, with no significant breakthroughs. The price first declined to stabilize near the low of 88465 in the evening, then gradually rebounded, reaching a high of 89908 during midnight, but failed to hold and fell again under pressure. Ethereum's evening trend is basically in sync with Bitcoin, similarly rebounding after touching the low of 2904, reaching a high of 2971.

During the day, a short selling strategy was suggested for Bitcoin around the 90500-91000 range, which once again aligned with market trends. A live trading strategy yielded a successful exit with a 1200-point gain on a Bitcoin position.

From the current market perspective, the slight rebound after consecutive daily bearish closes lacks sustainability, with prices encountering resistance again after a brief recovery; the MACD indicator shows green bars continuously expanding below the zero line, and the dual lines are extending downward in a dead cross, indicating that bears still dominate the market trend. On the four-hour level, the market remains under pressure below the middle band of the Bollinger Bands, although it is approaching the middle band amidst alternating bullish and bearish fluctuations, it struggles to form an effective breakthrough due to strong selling pressure, compounded by the KDJ indicator's three lines gradually turning downward, further highlighting a weak pattern in the short term. Considering multiple technical patterns across different timeframes, it is recommended to follow the bearish trend in morning operations, focusing on short positions after rebounds at high levels, target #加密市场观察

In terms of operations, set short positions for Bitcoin around the 90000-90500 range, with a target near the 88500-88000 area

For Ethereum, set short positions around the 2990-2970 range, targeting the 2900-2870 area.