Midnight BTC/ETH Strategy Guide:

I might have stayed up too late, feeling a bit of a headache, so I won't be staying up with everyone tonight and want to rest early. Before bed, I still want to share some midnight perspectives. Although they may not always be accurate and might often contradict themselves, with stop losses and impacts, there are still many fans waiting each day, so I will share. Currently, I hold a short position in Bitcoin around 103500 and a short position in Ethereum at 2550.

Bitcoin surged to 105800 yesterday and then retraced. At midnight, it tested the 100600 line to stop the decline, dropping nearly 5000 points from the high. Yesterday's long positions were stopped out, purely a washout of the bulls. After all, the previous high was 110000, and if it cannot break through here, it is relatively easy to see a retracement. However, this does not mean that the bull market is over. For this week, even if it retraces to the 97000 line below, it is quite normal and doesn't mean it will turn bearish.

For Bitcoin, the upper pressure levels to watch are 104000 and 105500. It is not very cost-effective to chase longs near these levels. For those who do not want to short, you can pay attention to the strength of the retracement here. If you are willing to participate in low longs from high shorts, taking a 500-800 point defense at the previous high while shorting from high positions to bet on a drop is also understandable! The lower support levels to watch are 102000 and 100500. If yesterday's low point during the retracement does not break, then a rebound is also quite normal. Do not overly speculate on whether the market will break down and decline or break up to a new high. Choose to participate in high shorts near the previous high resistance area or look for support near the retracement lows to set up low longs. Try to avoid participating in the middle positions; this is Zhong Liang's perspective.

There are many ways the market can move. If it doesn't surge up immediately, it may consolidate and oscillate, using sideways movement to replace a decline. Alternatively, if it rises after a peak, the bulls might be too heavy, necessitating a retracement to clear out excess long positions before heading back in a lighter manner. Do not overly anticipate but choose to follow. For Ethereum, the upper resistance area to watch is 2550 and 2600, while the lower support is 2420 and 2370. Similarly, observe which side breaks. If going long, do not chase above 2500, as the cost-effectiveness is low. Do not chase breaks; treat it based on range oscillation, short at resistance levels, long at support levels, and then set a stop loss, leaving the rest to time! #交易经验 $BTC