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Friday Night Market Analysis: Bulls are surging strongly, and the low-buy strategy is taking immediate gains!
During the day on Friday, Bitcoin saw increased bullish momentum from around 85,000, pushing straight up to the 88,300 level. Bulls dominated the entire day! The daily chart shows a shrinking positive candle, indicating that the bearish structure has not yet been broken; the four-hour chart shows bullish momentum breaking above and touching the upper band, while the hourly chart features shrinking bullish candles with continuous gains, clearly signaling an upward trend!
Focus closely on the 89,000 level for a breakout and stabilization. Resistance is locked around 90,500. The evening trading strategy is straightforward—mainly low buys, let the strength speak for itself!
Trading Suggestions
- Bitcoin: Buy in the 87,000-87,500 range, targeting 89,000-89,500
- Altcoin: Enter decisively with long positions in the 2,870-2,910 range, aiming directly for 3,000-3,050$BTC $ETH