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What do we think about Bitcoin and Ethereum today? On Thursday, Bitcoin experienced a short-term pullback after reaching around 98,000, with the lowest point currently touching around 94,200, a 3.72% retracement. In my article on Thursday, I mentioned that this wave of increase was a typical market bullish restart driven by sentiment. The pullback on Friday seems to have digested the chasing orders that couldn't resist the urge to chase high on Thursday.

BTC: From the 12-hour perspective, the area around 95,000 will be the watershed for the last wave of direction before the year ends. If Bitcoin can stabilize above 95,400 after a second pullback, we will look at the pressure level in the next range at 102,700. We just need to remember a few key positions: 95,000 is the defensive line for bulls, 96,800-97,200 is the oscillation midline, 98,000 is the short-term breakthrough resistance, and 99,500 is the volume confirmation level for bullish strength. As long as the pullback defense level of 95,000 is not broken, do not chase shorts, and enter long positions. If 97,000 does not continue to break through and enters sideways, take profits and observe for a new direction before re-entering. If 99,500 confirms stability, continue to follow the trend long.

ETH: From the current market perspective, Ethereum's overall breakthrough strength is still weaker than Bitcoin's. Currently, it is oscillating around 3,250, with repeated pullbacks confirming the lower range of 3,230-3,200. As long as Bitcoin does not break support, Ethereum will synchronize to confirm another attempt to break the upper pressure of 3,350-3,380, reaching the conversion of support and pressure lines. The operational strategy is also mainly to go long on pullbacks.

This weekend, overall liquidity is weak, and we just need to patiently wait for entry positions, taking profits in a timely manner.

We must remember that those who truly make money are never the ones who react the fastest. Instead, they are already on board when others are in doubt. Following the market trend allows one to go further in the market, and these are the people who truly achieve results in the market.

In this past bull market, I have repeatedly emphasized that I believe the underlying logic of the crypto market has changed. The factors determining market trends will be more complex than before, and this complexity is something investors have not experienced in previous bull and bear markets. I am Tommy, a participant in the B circle who trades while practicing. If you want real-time entry points and personalized strategies, click on my homepage and join the community. We have professional real-time trading teachers accompanying you around the clock to help you maintain your mindset; do not bear it alone.

Points are time-sensitive, and there may be delays in posting, so please refer to real-time market conditions. Finally, everyone should remember the two key points I mentioned in my last article this week: focus on trial positions in the short term, and once we deviate from our target range, it will be the last opportunity to make significant profits before the end of the year. I am Tommy from K-line Life, your real-time crypto steward.

In this past bull market, I have repeatedly emphasized that I believe the underlying logic of the crypto market has changed. The factors determining market trends will be more complex than before, and this complexity is something investors have not experienced in previous bull and bear markets. I am Tommy, a participant in the B circle who trades while practicing. If you want real-time entry points and personalized strategies, click on my homepage and join the community. We have professional real-time trading teachers accompanying you around the clock to help you maintain your mindset; do not bear it alone.

Points are time-sensitive, and there may be delays in posting, so please refer to real-time market conditions. Finally, everyone should remember the two key points I mentioned in my last article this week: focus on trial positions in the short term, and once we deviate from our target range, it will be the last opportunity to make significant profits before the end of the year. I am Tommy from K-line Life, your real-time crypto steward, specializing in: K-line trading

Original volume trading strategy.

Short-term wave highs and lows, medium to long-term trend trades, daily extreme pullbacks, weekly K-top predictions, monthly head predictions.

WeChat public account QR code (K-line Life Tommy)

Warm reminder: The only WeChat public account at the end of the article is created by the author!!

Please be cautious in distinguishing between true and false, thank you for reading!

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