On Friday, the cryptocurrency market experienced fluctuations. Bitcoin surged to around 89,533 in the evening before facing resistance and pulling back, then oscillated around 87,157 with a clear tug-of-war between bulls and bears. Ethereum performed relatively weakly, starting to decline in the afternoon, gradually slipping from the evening high of 2,994 to 2,922, with a considerable drop.
From a trading perspective, this trading day still presented good opportunities. Bitcoin took two trades, with a total space of 1,049 points, landing a profit of 7,962 points; Ethereum secured one trade, with a 40-point space, earning 4,003 points. In total, the overall space was 1,089 points, with a total profit of 11,965 points.
The market is currently still in a high-level wide-range oscillation phase, influenced continuously by Federal Reserve policy expectations, macro liquidity, and other factors affecting the price trend. From a technical standpoint, Bitcoin faces obvious resistance at around 89,500, while Ethereum needs to focus on the support zone between 2,900 and 2,950. The subsequent trend will depend on whether it can effectively break through or seek bottom support.
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LucidSleepwalker
· 9h ago
This market trend is indeed typical of Friday, with opportunities both up and down. I didn't quite keep up with the ETH momentum on my side; it seems I still need to watch the market more closely.
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DeFiChef
· 9h ago
Wow, that 89,500 barrier is really tough to break through. If it can't be突破, it will have to come down.
This wave of Ethereum's decline is quite fierce, even breaking 2922. Let's hope the 2900 support holds.
Making over 10,000 points in profit per day is pretty good, but playing around high levels requires caution.
The Federal Reserve is stirring up the crypto prices again; today we have to watch the news.
Getting close to 90,000 is both near and far, which is quite frustrating.
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PoetryOnChain
· 9h ago
Emma, this wave of volatility has indeed created opportunities, but it still seems to depend on the Fed's stance.
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UnruggableChad
· 9h ago
89500 this threshold is still too tough; we need a signal from the Federal Reserve before daring to push higher
ETH has dropped quite sharply this round; if 2900 doesn't hold, it's game over
You made a good profit on this order, over 10,000 points? Why do I always end up in the position of the sucker?
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MetaMisery
· 10h ago
Emma, this market really is a battle of attrition. The moment 89533 was dumped, I knew I had to get out.
On Friday, the cryptocurrency market experienced fluctuations. Bitcoin surged to around 89,533 in the evening before facing resistance and pulling back, then oscillated around 87,157 with a clear tug-of-war between bulls and bears. Ethereum performed relatively weakly, starting to decline in the afternoon, gradually slipping from the evening high of 2,994 to 2,922, with a considerable drop.
From a trading perspective, this trading day still presented good opportunities. Bitcoin took two trades, with a total space of 1,049 points, landing a profit of 7,962 points; Ethereum secured one trade, with a 40-point space, earning 4,003 points. In total, the overall space was 1,089 points, with a total profit of 11,965 points.
The market is currently still in a high-level wide-range oscillation phase, influenced continuously by Federal Reserve policy expectations, macro liquidity, and other factors affecting the price trend. From a technical standpoint, Bitcoin faces obvious resistance at around 89,500, while Ethereum needs to focus on the support zone between 2,900 and 2,950. The subsequent trend will depend on whether it can effectively break through or seek bottom support.