Midnight BTC/ETH Market View:

Bitcoin's daily chart is under pressure from the BBI, and as long as it does not stabilize above 116,000, it remains weak and bearish. The MACD bearish momentum continues to expand, while KDJ and RSI have been in a high-level overbought state and are currently oscillating downwards. The price is currently testing the lower support, so the strategy is to participate in short positions. The 4-hour Bollinger Bands lower band is widening downward, and there is a risk of further downward testing. The resistance above to watch is at 114,500 and 116,000. If there are no short positions and you wish to participate in shorts, consider setting up around here. The targets below are at 113,000, 112,000, and 111,000.

If you want to participate in low longs, consider setting up around 111,000 and 110,000. If there is no strength in the rebound at midnight and it continues to move downwards, then wait here for low longs.

Ethereum is currently testing the lower support on the hourly chart, with the 4-hour Bollinger Bands middle band acting as support. The daily chart has already broken below the middle band support, overall indicating a weak market, but there is a short-term need for a rebound. For those without short positions, pay attention to the resistance above at 3,650 and 3,730, and set up to short here.

If you want to participate in low longs, pay attention to the lower supports at 3,500, 3,400, and 3,350. Setting up for low longs at 3,400 and 3,350 will be more prudent, with 3,400 being the lower band support on the daily chart and 3,350 being last week's low point. #香港稳定币新规