Midnight BTC/ETH Market Insights:

After Bitcoin surged to the 111,866 line in the morning, it entered a high-level consolidation mode with limited retracement. Unfortunately, I missed the opportunity to go long! I advised my old friends to buy Bitcoin on the retracement at 110,400, but it only dipped to a low of 110,492 before rising again, missing the mark by a few points. If you miss the bus, you miss the bus. I absolutely won't give a range or say near support levels and then start blowing smoke. I, Zhongliang, never engage in such baseless bragging or deception! Ethereum was also suggested to buy at 2,610, but it retraced to a low of 2,618, and I missed the chance to go long by a few points, which is a bit regrettable… It’s all about being real and transparent; profits are profits, and losses are losses. This is the fundamental principle of being a person. There are no perpetual winners; what I can do is share my personal views and remind everyone to manage risk properly, ensuring that no one gets overexcited, and prioritizing risk control, position sizing, and stop-losses. Aim to be a long-term general, not to pursue so-called perpetual victories or endless profits…

Alright, enough of the digression! With Bitcoin showing such strong upward momentum, whether it was yesterday's rollercoaster V-rebound or today's new high breakthrough, it is undoubtedly proving the determination of the bulls. The daily chart shows a double-bottom rebound from 74,457, soaring upwards, currently sitting at the upper band while the middle band is also trending upwards. The weekly chart has seen six consecutive bullish candles, forming a deep V recovery from the 110,000 high at the beginning of the year. Under such a strong bullish trend, I, Zhongliang, dare not guess the top, nor can I predict it. All I can do is go long with the trend because the bulls are just too strong! You can be afraid of heights and refrain from going long, but there’s no need to rush into shorts or try to time the top, which could lead to losses. I am not willing to be the first bird to stick its head out. If we do face pressure and start to retrace, and if the support below is broken, then I will adapt and go short, following the trend.

For Bitcoin tonight, pay attention to the support levels at 10.9 and 10.8W to participate in the long side, with targets set at 11W, 11.1W, and 11.2W.

For Ethereum, watch the support levels at 2,580 and 2,530 to participate in long positions, with targets set at 2,630, 2,680, and 2,720.

The market volatility is significant, so manage your positions well. You can afford to have lighter positions than usual; the larger the waves, the more precious the fish, but the risk of capsizing also increases. Always remain rational and calm! Relying on holding positions to turn a loss back into profit can easily lead to accidents while holding; you and I are not infinite bullets.