Every successful person has a beginning; only those who dare to start can find the path to success. Before taking action, it is necessary to consider and plan, but only action can bring true growth. On Friday, the overall market trend showed a back-and-forth struggle between bulls and bears. The intraday price fluctuation was relatively small. After the price dropped to a low of 90,800 in the morning, it started to fluctuate upward and slowly recovered. By noon, it had recovered up to around 92,665 before pausing, then slowly began to pull back. Ethereum's rhythm was consistent with Bitcoin, stopping its morning pullback at around 3,064. Throughout the day, it also retraced and consolidated. The noon rebound for Ethereum was relatively strong, with the highest point reaching 3,192. Our morning long positions were successfully closed as expected. I, Old Chen, firmly maintained a bullish outlook; after gaining more than 1,000 points from a long position near 91,000 in the morning, we entered Ethereum in sync. The long position signaled near 3,080 was exited at 3,180, capturing nearly 100 points of movement.
On the daily chart, the tug-of-war between bulls and bears continues. As the market price tests the resistance above 93,000 again, although a breakout has not yet occurred in the short term, this resistance zone will face a major test, indicating a clear bullish bias. The short-term pattern is clearly visible—the market is trending upward with higher lows and highs remaining at similar levels, with short-term resistance at the 93,500 level. Obviously, the downward momentum is hard to match the uptrend, and the bulls are gradually taking control. Once the 92,000 level is established again, a further upward move will be the inevitable trend. In addition, repeated tests of the same resistance point do not mean its effectiveness remains; rather, its strength is gradually weakening, and eventually the resistance will be broken.
In the afternoon, go long on Bitcoin directly around 91,800-91,500, with an initial target of 93,500. Go long on Ethereum directly around 3,140-3,120, with an initial target of 3,280.