Waking up, the support level we talked about yesterday has already dropped. Unfortunately, there was no opportunity for a rebound at midnight, and the short position couldn't be entered. Fortunately, yesterday Bitcoin shorted at 113,500 during the day, which provided an opportunity to enter. Bitcoin has indicated a pullback demand from the weekly and daily charts, with the support level to watch at 1,080,000 and 1,070,000. Currently, the lowest pullback is around 1,085,000, and the correction has not yet ended, with no signals of stopping the decline!

Midnight BTC/ETH Market Insights:

During the day, Bitcoin has provided everyone with a high short perspective. Both the weekly and daily K-levels have been analyzed. First, we look for a pullback to test support at 108000 and 107000 here, and then see if there are any signs of a stop-loss, whether the pullback has ended, and if we can go long. During the day, a short was also given at 113500, with the lowest pullback at around 110532, a nearly 3000-point drop in shorts, making it easy to capture over 2000 points. I wonder if everyone managed to take a bite! Free likes should not stop!

The midnight strategy remains unchanged as a high short, with resistance still at 113500, 114500, and 115500 here. As long as the price has not stabilized above the daily K midline, it is still a high short perspective, with targets still at 112000, 110000, and 108000 unchanged.

From the weekly K-level perspective of Ethereum, although there have been three consecutive weeks of large bullish candles, the price has been breaking through the upper resistance, pushing higher against the upper limit. This week, the opening line is below the upper limit, and it has formed a TD9, which is a trend reversal signal. The gap below the weekly K-level is quite scary; once the gap is filled, in the short term, we should not overly focus on breaking through 5000 but rather pay attention to the pullback risks.

At the daily K-level, although the Bollinger middle and lower bands are opening upwards, oscillating higher all the way, yesterday closed with a bullish doji star. Currently, the upper band is opening downwards, which is quite evident under pressure; at least it indicates that the rebound space above is limited. The support at the daily K-level middle band is around 4400; testing the pullback here is not too difficult.

For Ethereum, the upper resistance is at 4650, 4700, and 4750 here. High shorts can be arranged around here, while the lower targets to pay attention to are 4600, 4500, and 4400.

Zhong Liang can clearly share his views every day without ambiguity, although they may not always be correct. However, as a content sharer, he hopes that someone will watch and like his content every day. The likes from everyone truly motivate Zhong Liang to persist in sharing and updating every day. Otherwise, if no one watches every day, what is the point of my sharing? $BTC

$ETH