Before 80,000, there was no support. This statement was successfully verified by us in less than a day!

From confirming the 8.65 resistance yesterday, it has dropped all the way down to 8.2-8.0, with a maximum drop of over 6000 points.

In Friday's morning session, there was a rapid increase in volume, so we need to pay attention to the possibility of a rebound after the morning volume ends. The lower level will also touch the strong support we discussed yesterday in the larger cycle—the Fibonacci 0.5 level represented by 7.95.

So, around 7.95 in the Friday afternoon session, we will start building positions. First, we will test with a light position, and if we further confirm that the decline has stopped, we will add to our positions. The final cycle defense will be set at 7.8, and we will pay attention to the rebound around 8.2 during the day.

From the 2460 resistance yesterday to the current 2100, the short positions can now be completely cleared, with a maximum of 350 points.

In the Friday morning session, there was already an increase in volume, and the bulls have something to say.

Next, we will prepare to pay attention to 2100 for long positions.

Support will be focused on the previous low around 2000.

For the intraday rebound, we should first pay attention to 2250-2270. If it can hold above this level over the weekend, we can look towards 2400.

This column primarily focuses on sharing major mainstream cryptocurrencies such as BTC/ETH/EOS/XRP/ETC/LTC/DOGE. Follow the public account "Yanbi" to avoid getting lost and enjoy more service guidance.

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