With Friday approaching and the year-end nearing, market sentiment is gradually heating up. Looking at recent market trends, shakeouts in both directions have become the main theme, with an overall pattern of rising, pulling back, and rising again. In this wide-range volatility pattern, both bulls and bears are participating. The strategy is simple—be patient, confidently go long at low levels, and take moderate short positions at high levels.
From a technical perspective, after the weekly volume increase, the market has officially entered a strong consolidation phase, with a relatively fragmented trend. However, structurally, there is still considerable room upward. The daily chart shows a pattern of rising sharply, then pulling back, followed by continued consolidation at low levels. Although each pullback is accompanied by a slight rebound, from a space perspective, it still belongs to a strong correction method—this reflects a relatively rapid repair rhythm. On smaller timeframes, moving averages remain in a bullish state, and the overall bullish structure remains unchanged. Therefore, the strategy for Friday is: follow the retracement, continue to look for long opportunities, and use a breakout above the high as the trading logic.
Specifically, for Bitcoin on Friday, focus on long opportunities around 89200-88800, targeting 90500. For Ethereum, focus on low-level entries around 2920-2900, with a target near 3000.
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OPsychology
· 12h ago
It's the same old story of manipulation and bullish outlook.
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Buying long at low levels and shorting at high levels—who finds it easy to say that?
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Can the 89200 level really hold steady? Feels a bit shaky.
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Entering at 2900 ETH with a target of 3000—worth the hassle for such a small margin?
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If it breaks high on Friday, let it break high. Anyway, it will fall sooner or later.
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Every time they say the recovery is quick, but then it gets manipulated again. I'm fed up.
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Market heating up just means more leek-cutting.
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Waiting for a low? I think waiting and waiting just leads to more sideways movement.
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WenMoon42
· 12h ago
They're starting to shake out the market again, so annoying. I just want to see a new high break through.
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LightningClicker
· 12h ago
It's another round of shakeouts and fluctuations. I'm tired of hearing about it, haha. Let's see if we can really break the high on Friday.
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SchrodingerPrivateKey
· 12h ago
Is this the same old manipulation again? Can we still trust this move? Last time, the bullish outlook was cut in half.
Can 88,800 really hold? Feels like it's about to break again.
It's the end of the year, and scams are everywhere. Be cautious, brother.
Break the high? Dream on. It feels like it will drop again next week.
Entering at 2900 ETH? I think it's risky now; it's easy to get trapped.
Friday is just Friday. Don't be so sure about things, okay?
I don't understand this bullish pattern. It feels like the reverse signals are more obvious.
Let's wait and see. It feels like there's still room to dip; don't rush to go long.
90,500? Overthinking it. The current market conditions won't go that high.
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fren_with_benefits
· 12h ago
It's another round of shakeout, I need to think about buying the dip at 88,800.
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ZkProofPudding
· 12h ago
The shakeout was so intense that I started to doubt my life. I'm just waiting for Friday's low to scoop up the bottom.
With Friday approaching and the year-end nearing, market sentiment is gradually heating up. Looking at recent market trends, shakeouts in both directions have become the main theme, with an overall pattern of rising, pulling back, and rising again. In this wide-range volatility pattern, both bulls and bears are participating. The strategy is simple—be patient, confidently go long at low levels, and take moderate short positions at high levels.
From a technical perspective, after the weekly volume increase, the market has officially entered a strong consolidation phase, with a relatively fragmented trend. However, structurally, there is still considerable room upward. The daily chart shows a pattern of rising sharply, then pulling back, followed by continued consolidation at low levels. Although each pullback is accompanied by a slight rebound, from a space perspective, it still belongs to a strong correction method—this reflects a relatively rapid repair rhythm. On smaller timeframes, moving averages remain in a bullish state, and the overall bullish structure remains unchanged. Therefore, the strategy for Friday is: follow the retracement, continue to look for long opportunities, and use a breakout above the high as the trading logic.
Specifically, for Bitcoin on Friday, focus on long opportunities around 89200-88800, targeting 90500. For Ethereum, focus on low-level entries around 2920-2900, with a target near 3000.