Midnight BTC/ETH Market Thoughts:

Ethereum took the lead in the evening, directly pulling up from 2690 to 2798, a direct increase of 100 points. The hourly chart formed a rounded bottom, and at 2798, it started to draw down again. For those who chased the highs here, it’s indeed tough, with the price jumping up and down. The lowest retracement during the day was around 2655, then it rebounded to pull up to 2798. Currently, the price is oscillating around 2730 for repair. The midnight strategy is mainly low buys. This kind of upward pull is indeed hard to guess the top for shorting. The upper resistance is at 2820, 2850, and 2900. Below, we will attempt to ambush low buys at the support level and see if we can get an opportunity to enter!

For Ethereum, the lower support to watch is at 2680, 2630, and 2590. Low buys should be ambushed around here, with targets looking at 2720, 2760, and 2800.

Bitcoin surged to a high of 110,600 in the early morning and then retraced. During the day, it oscillated and rebounded at 109,000, with the highest rebound at 109,900 before continuing to retrace. Currently, the price is around 108,500 for repair, with the midnight low buy strategy in place.

The lower support to watch is at 108,000, 107,500, and 106,800. The targets above are at 109,000, 110,000, and 110,100.

The market is experiencing large fluctuations. Everyone must manage their positions, participate lightly in batches, and avoid chasing highs and cutting losses! #看懂K线