Midnight BTC/ETH Perspective: Don't Guess the Top, Don't Fear the High, Pullbacks Are Still Bullish!

Although many trapped shorts in the market hope for a crash to break even or wait for lower prices to go long, in such a strong bullish market, there aren't many pullbacks to be had. It either won't pull back, or it will crash; once a trend is established, don't chase the highs or lows, don't be a fence-sitter, but rather hold a positive outlook in one direction, relying on support to gradually look bullish! Currently, Bitcoin is at 92,700 for long positions, and Ethereum is at 1,730 for long positions, still held in hand!

Personally, I still tend to go long. The upper Bollinger Band on the daily Bitcoin chart is opening upward, with prices rising along the upper band. The MACD is continuously expanding in a bullish manner, the KDJ has a golden cross going upward, and the RSI is still turning upward at a high level. Although the upper band on the 4-hour level is being pressured downward, the middle and lower bands are both opening upward, steadily rising. Midnight still primarily favors long positions!

For Bitcoin, support below is at 94,150, 93,250, and 92,500; long entries can be positioned around these levels, targeting 95,500, 96,500, and 97,500.

For Ethereum, support below is at 1,770, 1,750, and 1,720; long entries can focus on these levels, targeting 1,820, 1,850, and 1,880.

The above is just a personal opinion, not necessarily correct, for reference only! I share this publicly every day, hoping that true fans can give likes each day, letting Zhong Liang know that the daily shares are meaningful, that someone is watching, and that it’s not just an unreciprocated daily update...