Friday afternoon thoughts, Bitcoin and Ethereum latest market analysis

Looking back at the morning's strategy of buying on the dip, it has perfectly paid off. The bullish momentum remains strong. In the morning, we expected a pullback near the target level, and we decisively opened long positions in the real market, capturing a profit of 811 points before exiting. In the afternoon, the market touched around the 104400 line before facing resistance and falling back. Currently, the market is fluctuating around the 104000 line, and we still maintain the strategy of buying on the dip this afternoon.

The four-hour K-line chart shows that Bitcoin bulls are in a shrinking volume state, indicating that the bullish momentum is weakening. The upper resistance level is currently close to the upper band. Observing the one-hour K-line chart and trading volume indicators, Bitcoin bulls are also in a shrinking volume situation. The DIF line and DEA line are relatively close, not yet forming a clear golden cross or death cross, and the current bullish and bearish forces are relatively stalemated, but the shrinking volume of the bulls is a clear characteristic. Aggressive traders can try to go long with a light position to see if it can break upwards, while conservative traders should wait for a pullback before making further arrangements.

Afternoon operation suggestion:
Bitcoin: Long in the range of 103500-103000, target 105000
Ethereum: Long in the range of 2570-2530, target 2650
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