Midnight Trading Idea
From the current market perspective, the four-hour level shows that after a price surge, the bears have not provided a significant pullback, and the price has been hovering just below the upper Bollinger Band. Currently, the market is showing a stabilizing posture after reaching a high. The KDJ and RS indicators have all been running at high levels and show signs of gradually converging, indicating that the overall trend still leans towards bullish. From the one-hour level, the Bollinger Bands are gradually narrowing, and the market is alternating between small bearish and bullish movements, closely approaching the middle track of the Bollinger Bands. However, the middle line of the Bollinger Bands continues to rise, and the MACD indicators are converging and maintaining above the zero axis. Therefore, at midnight, we still hold a low bullish mindset, but considering that the news at two o'clock in the morning may have a significant impact on the market, it is recommended that everyone trade with small positions while being prepared to adapt to changes.
Bitcoin trading suggestion: look bullish in the 96500-96000 area, with a target of 98000, and set the stop loss according to your personal position.
