Midnight BTC/ETH Market Insights:

Bitcoin's volatility over the weekend was not significant, but Ethereum remains active, pushing towards the 4000 mark. It’s really not advisable to go long, but also don’t easily guess the top. In terms of operation, it's best to focus on low buying during pullbacks, as shorting is too risky, and chasing the rally is not recommended; if there’s a pullback, it can lead to losses!

Currently, Bitcoin faces resistance at 120,000 and the previous high of 123,300. This is where those holding long positions should consider taking profits in stages or reducing their positions. If planning to short, pay attention to these levels to see if there will be a pullback, rather than directly placing shorts here; focus on low buying.

Support lies at 118,300, 117,000, and 115,700. Low buying can be considered around these levels for potential entry, while managing position sizes.

For Ethereum, it’s indeed impossible to guess the top with its rapid rise, so keep an eye on resistance at 3950, 4000, and 4110. There are no plans to short; resistance is merely a point for considering position reduction or profit-taking, not a shorting level!

Support is noted at 3680 and 3600. If looking to participate in low buying, these two levels can be considered for entry. The market is quite volatile, so be sure to reduce leverage, strictly manage positions, and set stop-losses. #以太坊突破3700