Midnight BTC/ETH Market View:

From Coinglass statistics, Tuesday was actually a day for strong long positions. Bitcoin had a peak rebound at the 119258 level before pulling back, and the current price is around the 117000 level. In a larger range, Bitcoin is still oscillating around the 120000 to 116000 range. As long as the market isn't crashing, this sideways movement is actually healthier for the bulls! The overall trend is bullish, and it doesn't affect occasional short-term shorts. In the chatroom, we publicly provided a short position at 118200 and a benefit order to cover shorts at 119200, which successfully made a profit! We look for a pullback in the first half of the week and then a rebound in the second half. Those holding short positions can continue to look down towards 116000 and 115000, taking profits in batches.

If you don't have long positions, you can consider the support levels at 116000 and 114500 to ambush low long positions. For resistance above, pay attention to 118500, 119500, and 120500, where high shorts can be planned for entry.

For Ethereum, pay attention to resistance at 3820 and 3900 during the day. The member channel suggested entering a short at 3870, and the current price has come down to around 3730, gaining over 140 points in profit from the short position. You can continue to look down towards 3700, 3650, and 3550.

For resistance above, pay attention to 3880 and 3950, where high shorts can participate. For support below, watch 3600, 3550, and 3500, where low longs can try to ambush and wait.

At midnight, real-time monitoring of the market is not possible, so the levels will be a bit conservative. The oscillation and correction of the market are really good for the bulls, as long as it’s not a crash. Corrections are meant to pick up buyers, so don’t chase after highs or panic sell. When it pulls back to support levels, go long as needed, and don’t wait to follow up with shorts! When rebounding to resistance levels, take the shorts as appropriate, and don’t blindly chase after highs! #币安HODLer空投TREE