Sunday Midnight Strategy Analysis

With the news of Mr. Chuan winning the election, the price of Bitcoin has soared, breaking the important threshold of $80,000 and increasing by over 4% within the day. In the afternoon, various cryptocurrencies became active, and the gains further expanded. By 8 PM, Bitcoin successfully stabilized above $80,000, marking a historic first breakthrough; simultaneously, the price of Ethereum rose to 3,200 points, setting a new record since August.

From a technical analysis perspective, Bitcoin's upward trend at the daily level has not yet ended, with bullish forces and formations showing continued strength. In the short term, a limited pullback is expected, and significant volatility is unlikely. Within smaller time frames, the stability at the 78,500 point has gradually emerged. Currently, one should temporarily set aside excessive judgments about short-term trends to avoid missing opportunities. Continue to focus on the resistance level above at 82,000, while the short-term support level is at 78,000. If planning to buy, it is advisable to wait for a price pullback to this position before proceeding.

BTC: 79,300-78,800 Long Target 81,000-82,000

ETH: 3,180-3,150 Long Target 3,300-3,500

Current state is hot, the market is following the trend, and Wansen is always online.