Midnight BTC/ETH Market Insights:
Good evening, it has been a forced working day. Today, I provided everyone with a long idea. For Bitcoin, I suggested shorting at 105500 and 106000, with a minimum retracement to 103600, allowing for at least a profit of 1500 points. I hope everyone benefited. For Ethereum, shorting at 2510 and 2545, with a minimum retracement to 2472 before a rebound, also yielded some small gains.
Bitcoin continues with a high short strategy at midnight. Although the daily candlestick closed with a small gain over the weekend, it remains firmly suppressed by the Bollinger middle band. The highest point of the intraday rebound was only 105900 before retracing. Therefore, the operation should rely on the middle band suppression, focusing on high shorts. At midnight, pay attention to the upper resistance at 105000 and 106000, where short positions should be entered, with targets looking down at 104000, 103000, and 102000.
Ethereum has had three consecutive weeks of long upper shadow candlesticks, so we must be cautious of retracement risks. The highest point of the intraday rebound was 2556, while the Bollinger Bands are contracting, and prices are under pressure from the middle band. At midnight, focus on the upper resistance at 2550 and 2600, where high shorts should be positioned, with targets looking down at 2500, 2450, and 2400.
Exhausted after the three-day Dragon Boat Festival holiday back home, I won’t keep you up at midnight. The strategies have been shared. Please gradually reduce your profits before adjusting to break-even. Move cautiously, avoid overly subjective market predictions, allow for unexpected events, strictly manage your positions, and set stop-losses!
Good evening, it has been a forced working day. Today, I provided everyone with a long idea. For Bitcoin, I suggested shorting at 105500 and 106000, with a minimum retracement to 103600, allowing for at least a profit of 1500 points. I hope everyone benefited. For Ethereum, shorting at 2510 and 2545, with a minimum retracement to 2472 before a rebound, also yielded some small gains.
Bitcoin continues with a high short strategy at midnight. Although the daily candlestick closed with a small gain over the weekend, it remains firmly suppressed by the Bollinger middle band. The highest point of the intraday rebound was only 105900 before retracing. Therefore, the operation should rely on the middle band suppression, focusing on high shorts. At midnight, pay attention to the upper resistance at 105000 and 106000, where short positions should be entered, with targets looking down at 104000, 103000, and 102000.
Ethereum has had three consecutive weeks of long upper shadow candlesticks, so we must be cautious of retracement risks. The highest point of the intraday rebound was 2556, while the Bollinger Bands are contracting, and prices are under pressure from the middle band. At midnight, focus on the upper resistance at 2550 and 2600, where high shorts should be positioned, with targets looking down at 2500, 2450, and 2400.
Exhausted after the three-day Dragon Boat Festival holiday back home, I won’t keep you up at midnight. The strategies have been shared. Please gradually reduce your profits before adjusting to break-even. Move cautiously, avoid overly subjective market predictions, allow for unexpected events, strictly manage your positions, and set stop-losses!
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ETH
2,486.13
-1.03%