Bitcoin fluctuated within the range of $87,500 to $87,900 during the early morning hours. Although it briefly dipped to $87,200, it quickly recovered the lost ground, with overall volatility remaining relatively small. In the evening, Ethereum followed the market trend and released the previously accumulated energy, with a nearly 1040-point increase during this period.

From a technical perspective, the key area to watch during Friday's early trading session is crucial. Bitcoin continued to face pressure around the $87,400 to $87,900 range. If this support level is broken, a subsequent decline toward the $86,300 to $85,300 range is possible. Meanwhile, Ethereum encountered significant resistance at the $2,920 to $2,950 level. If it cannot break through effectively, a pullback to around $2,870 to $2,840 would be a more reasonable expectation.

The advancement of the Federal Reserve's repurchase agreement plan will undoubtedly continue to influence market sentiment. In this macro context, the correlation between BTC and gold is also worth monitoring. Keeping an eye on these key price levels in the short term, especially the trading volume during breakouts or breakdowns, will help in assessing the subsequent market direction.