$BTC 's current daily level shows a three-day bullish rebound approaching the middle track of the Bollinger Bands. However, the middle track serves as a key defensive line for bears and exerts strong pressure. Although the MACD dual lines are converging towards the 0 axis, they are still in the negative territory and have not issued a clear warming signal. Therefore, until the market effectively breaks through the pressure of the middle track of the Bollinger Bands, the overall trend remains dominated by bears. As for the midnight trading strategy, we maintain a high short outlook.

Bitcoin can be shorted around 106500 with a target of 104500.

Ethereum can be shorted around 2550 with a target of 2450.