Midnight BTC/ETH Market Perspective:
The market has been fluctuating, with ups and downs. From a margin call perspective, neither bulls nor bears have gained much, and both sides are equally matched. Those who chased the upside when it went up and the downside when it went down are likely to suffer a double-edged sword. It's frustrating...
Bitcoin retreated from a high of 122,450 during the day, halting its decline and rebounding at 119,345. The current price is around 120,000. At midnight, you can try to buy low with a small position. Focus on support at 119,300 and 118,000. A break below this level could lead to a deeper correction. For short-term long positions, take losses where they should. Focus on resistance at 120,800, 121,700, and 123,000. Focus on buying low!
Ethereum is truly ridiculous. It retreated overnight to 4160, halting its decline and rebounding. It peaked at 4350 at noon, then began to retreat. It made a sharp inverted V-shaped move, halting its decline at 4164, and then made a deep V-shaped move back up to 4370. It's a complete roller coaster ride... It's all about profiteering and profiteering...
Watch for support below 4240 and 4170 at midnight. Set up long positions around these levels. If the price breaks below the intraday low, don't hold any long positions. Stop-loss orders should be taken. Upward targets are 4300, 4400, and 4500. #比特币市值超越亚马逊