$BTC Midnight Bitcoin and Ethereum Market Analysis and New Trading Ideas:

The essence of cryptocurrency market patterns is a complex of "anti-human nature cycles + capital games + narrative bubbles." Those who understand it respect the market, while those who don't become fuel. On Thursday, the market for Bitcoin had little continuation in both long and short directions, remaining in a tug-of-war between bulls and bears. Bitcoin rebounded after stopping at the morning low of 117663, and in the afternoon, it reached 119216 before facing resistance and falling back, currently dropping to a low of 117412, giving back all its intraday gains. During the day, there were two trading setups for Bitcoin: a long setup near 117800 in the morning and a short setup that gained 1300 points in the afternoon. For the evening, look for a pullback near 118800 to enter a short position again, aiming to gain another 1100 points. Ethereum's performance today was initially strong but later weakened, starting from a low of 3311 in the morning, reaching a peak of 3482 in the afternoon before retreating, currently dropping to a low of 3362. Today's Ethereum setup also consisted of two trades, one long and one short, both achieving their targets. The long setup near 3321 in the morning gained 139 points. The evening similarly saw a rise and fall, with a short setup around 3470 entering the market, aiming for a gain of 90 points. There are no eternal bulls or bears in the market; you should operate according to your position and stage. Holding onto a single belief might lead you astray when the market shifts.

From a technical structure perspective, on the four-hour level, after a series of strengthening and breaking highs, it began to pause. This pause is still defined as a corrective structure, but due to the large upward space, any casual pullback can alter the current strong structure. In the short term, we should still assess strength and continuity based on patterns and closing forces, with bulls slowly recovering after touching the high point in the afternoon. It has not broken the strong trend, so in the short term, we can follow up on bullish positions based on the pullback strength.

Midnight Bitcoin can be bought near 109000, targeting 120000-121000.

Ethereum can be bought near 3400, initially targeting 3485-3530. $ETH #美国加密周 #Strategy增持比特币