Friday Reversal Day - An'an Market Analysis



Friday marks a critical turning point, with increased market volatility. Early in the session, sudden geopolitical news disruptions caused risk aversion to spike rapidly, putting pressure on the market and causing a decline, with the key level of 80,000 officially broken.

The current upward trend in the market is clearly weakening, overall market momentum remains sluggish, the bullish rhythm is completely disrupted, and a bear market trend is gradually emerging. At this stage, rebounds are all short-term trap moves, and the core strategy is to view rebounds as bearish.

The daily chart has closed lower for two consecutive days, with the 82,800 level already becoming a short-term high point. The subsequent market direction should focus on the 78,000 core support level. In terms of trading, prioritize riding the trend for short positions; if the price breaks support, add to short positions; if support holds, then look for low buy opportunities.

Operational reference strategies:
Bitcoin: Enter short positions on rebounds from 80,000 to 80,500, with a downward target of 78,000. If support holds, reverse to long positions.
Ethereum: Enter short positions on rebounds from 2,300 to 2,330, targeting 2,220. After support stabilizes, consider reversing to long positions.
BTC-1.63%
ETH-2.14%
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