🚨5/23 Midnight BTC/ETH Market Report🚨

🔶 The morning public announcement indicated that Bitcoin could participate in low longs around 110689～110400. The subsequent price surge reached around 110500, allowing the E family team to reduce their positions early, and letting short-term traders exit on their own. During this time, there was a small gain of about 1000 points. Ethereum also provided a recommendation for continuing longs around 2610～2580, and the lowest it dropped was only to 2602 before starting to rebound. It also informed of resistance at 2690 and near 2700, advising everyone to reduce some positions at 2690. Short-term traders exited, and the subsequent market declined as expected. An 80-point fluctuation during that time was still acceptable, right? Midnight operations should be based on stability, refer to the specific market conditions.

🔶 Currently, the price of $BTC is still hovering around 111500. The upper resistance remains at the 161.8% position, which is around 111800. It is recommended to exit 80% of remaining positions here. The daily level currently has the upper Bollinger band acting as resistance, with the lower support around 105800. On the four-hour chart, the lower support is around 108900 and 106800. On the hourly level, support is around 108880, and positions should be focused around 107880 for long entries. Targets can be focused on the upper levels near 110400 and 111800, as well as 112400～113100, with an aggressive entry point around 110450, allowing for a ±100 point deviation.

🔶 Overall, Ethereum today is still relatively strong. Attention should be paid to the resistance around 2690 and 2750, with support around 2570 and 2528. Conservative long players should consider entering at these two positions, with targets around 2612～2690～2750～2805, allowing for a ±5 point deviation.

⚠️ At midnight, hesitation cannot lead to monitoring the market or timely notifications, so the views are relatively conservative. All the above points are conclusions drawn solely from market charts and technical indicators, and there may be real-time fluctuations and impacts from news events. Please adjust according to your actual situation!