Good afternoon brothers, as soon as Friday night arrives, things get lively. Last night, I specifically warned about the upcoming big fluctuations during the night. Not long after I finished my analysis, a positive news came out and the market started to rally. Fortunately, I advised everyone to set stop-losses; otherwise, brothers who are shorting now would be holding the position through the move.

The recent rebound of Bitcoin and Ethereum has triggered a daily-level rally. As long as Bitcoin retraces without breaking 67,500 and Ethereum retraces without breaking 1,995, the daily chart will continue its rebound trend. The larger the timeframe, the stronger the rebound!
A wave of upward movement has already occurred overnight, and now the market is consolidating at the top. Over the weekend, volatility is expected to be limited. We’ll just watch the top and bottom of the consolidation zone. If the top doesn’t break, the market will continue to oscillate. I personally think that after such a small-scale rally, a retracement is likely. Support levels below are just waiting for long entries.
Today’s market analysis:
Bitcoin should watch the top of the consolidation zone at 69,480. Only a breakout will push it higher. Resistance levels above are around 71,700-74,100-76,790!
If it cannot break the top of the consolidation zone today, then the retracement will look at the bottom at 68,500. If it doesn’t break, a rebound is still possible. If it falls below support levels below, watch around 674,500-65,120-62,490!#BTC走势分析
Ethereum today should watch the top of the consolidation zone at 2,072. Only a breakout will push it higher. Resistance levels above are around 2,105-2,150-2,210!