$BTC Trading Wisdom for Crossing Cycles: BTC's Midnight Strategies After a Strong 2,000-Point Rise, ETH Waits for a Breakout Amidst Fluctuations
There's no need to envy others for seizing the "100x Return Myth," nor to lament missed "perfect opportunities." The market is always full of opportunities; what's lacking is the patience to weather the cycles. Treat every ups and downs as a form of self-cultivation, remaining neither greedy during ups nor panicky during downs. After all, it's never luck that allows one to navigate bull and bear markets, but the composure and confidence cultivated through volatility. Bitcoin stabilized near 120,000 this evening and then surged over 2,000 points, reaching a high of 122,167. It is currently consolidating around 121,200. Ethereum fluctuated overnight, stabilizing near 4,680 and rebounding to 4,736 before retreating, hitting a low of 4,616. It is currently rebounding slightly to 4,650, consolidating. Its fluctuations are smaller than Bitcoin's, indicating relative weakness. Yunlu's Duodan strategy for Bitcoin this evening successfully netted over 1,800 points of profit. Those who followed Yunlu's strategy and took profits promptly also saw over 50 points of profit in Ethereum.
From a technical perspective, the 120,000 level is a key short-term support level with strong market recognition, while the 122,000-122,167 area forms short-term resistance. The initial decline after the breakout is normal profit-taking. If it can hold above 121,000, it may still face resistance. However, if it falls below 120,000, be wary of a pullback. Ethereum failed to hold support at 4680, with 4616 forming short-term support below. The 4730-4750 area above represents recent resistance. Bullish momentum is insufficient, and Bitcoin remains range-bound between 4600 and 4750 in the short term, awaiting a breakout to confirm its direction. Overall, Bitcoin's short-term strength is more pronounced, while Ethereum continues to fluctuate. We can continue to follow suit with a low-to-long strategy at midnight. Bitcoin Recommendation: Buy around 120,500, targeting 123,000
Ether Recommendation: Buy around 4620-4640, targeting 4750
