4.1 Midnight Thought Analysis
The empty space around 818-825 given in the evening also hit the stop-loss at 827.
Recently, the market has shown a short-term upward fluctuation 📈 trend, operating near the short-term moving averages and closely intertwining with the long-term moving averages. This pattern reflects that there is intense competition between the bulls and bears in the current market, and there is significant uncertainty regarding the market's direction in the short term, with upward momentum diminishing.
It is highly probable that the short-term trend will continue to oscillate upward 📈. However, special attention should be paid to the breakthrough situation of the key resistance level at 838. If this resistance level cannot be successfully broken, the market is very likely to experience a pullback, with support around 81250.0.
Midnight thoughts will focus on the low volatility strategy, primarily looking for a pullback. The uncertainty of the market is high, so set a stop-loss and avoid anti-trend positions.
Midnight Operation Strategy
- Long at 820-825 for Bitcoin, targeting around 838. If broken, target further at 850.
- Long at 1800-1820 for Ethereum, targeting around 1900. If broken, target further at 1950.
Personal suggestions are for reference only
