Attention, everyone! I am analyst Liangqiu. Here I share my insights and hope that all my friends can have a good profit!

Currently, Bitcoin/Ethereum saw another round of upward movement in the evening market. As the weekend approaches, looking at the weekly and daily charts of Bitcoin, there is strong resistance near 28500 and a clear boundary between long and short positions. After the rise, there is no need to chase long positions excessively. The same goes for Ethereum, with attention on the 1680 resistance level on the daily and weekly charts. For those who have been holding long positions around 27300 for Bitcoin and 1610 for Ethereum in the past few days, I believe they are very happy at this time. The market has been relatively good recently, and those who have followed should have a good profit potential.

Looking at the short-term four-hour period, the Bollinger Bands are contracting, as mentioned before. The continuity of long and short positions will not be strong. In the short term, Ethereum should pay attention to the 1660 resistance level. If this level is not broken, there will continue to be a volatile market. Currently, it is in a situation where there is support above and pressure below. Moreover, as the weekend approaches, the probability of a one-sided market is even lower. In addition, the initial jobless claims from yesterday and today's non-farm payroll data both showed a bearish trend, and it is urgent to digest the bearish news over the weekend. There will be another attempt to test the support level. For short-term operations over the weekend, it is advisable to be prepared for high selling and low buying. For evening operations, short positions can be entered near 28100 to 28300 for Bitcoin, with a target near 27400; and near 1655 to 1665 for Ethereum, with a target near 1625.

This article has a time-sensitive nature. For specific strategies, please follow my Weibo.

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