Midnight BTC/ETH Market Insights:

Bitcoin has formed a small double top at the hourly and 4-hour levels today, facing pressure at 109700. I also mentioned this around 109100 earlier in the day. The lowest retracement so far is at 107900, so the shorts from the past two days have all been relieved, making profits. Whether it was shorting at 108500, 109100, or positions at 109500 and 109700, all have yielded profits, and I won't mention this further. As for whether there is a long-term pattern to hold, that depends on you! Ethereum shorts at 2555 and 2590 have also been relieved and profited, with the lowest retracement at 2526. Currently holding shorts at 109700 and 2595, continuing to look down unchanged!

The 4-hour Bollinger Bands for Bitcoin are narrowing, with the upper band opening downwards. The BBI is also opening downwards. The current price is testing the middle band support. MACD bearish momentum is starting to increase, and KDJ is showing a downward cross. After the price broke below the lower band support, it has retraced back above the lower band. MACD bearish momentum is starting to decrease, indicating a short-term need for a rebound. The price must break below 108000 to accelerate downward, with the middle band support at 106500 on the daily chart. If it rises, I question my ability to short it downwards, so I still choose to set up high shorts around the upper resistance.

For the midnight upper resistance, pay attention to 109700 and 110400. Set up high shorts around these levels, targeting down to 108500, 107500, and 106500.

The price of Ethereum can only accelerate downward if it breaks below 2500; otherwise, it may continue to fluctuate unpredictably. The primary strategy remains high shorts. Pay attention to the upper resistance at 2590 and 2640, setting up high shorts around these levels, targeting down to 2550, 2500, and 2450.

The market is not continuing in a trend, with constant fluctuations up and down, so do not get overly excited and chase after price increases or sell off in panic! For shorts, wait around the high points. For longs, wait at the lower points! Don’t think that just because it has gone up it will make new highs, and likewise, don’t assume that a pullback means a bear market has arrived…#美国加征关税