Midnight BTC/ETH Market Insights:

Intra-day Ethereum saw two long positions, absolutely great! This morning, I suggested entering long at 3690 and 3630, and tonight at 3650 and 3620. Congratulations to those who profited!

On the 4-hour chart, Ethereum tested the 3620 support twice, forming a small double bottom. With two consecutive candlesticks closing as hammer bullish candles, and after stabilizing above the Bollinger middle band support at 3730, it is set to pressure towards the upper band at 3850. The KDJ is about to converge into a golden cross, and the MACD fast and slow lines are above the zero axis, with bearish energy diminishing. The RSI, after being oversold at low levels, is turning upwards. From the 12-hour perspective, there are also two retracements testing the BBI support near 3620, with important support below at 3600. If it retraces without breaking 3600, bullish sentiment can be considered; breaking below 3600 may easily lead to 3400.

There are two long strategies for Ethereum at midnight; everyone can choose for themselves. Aggressive friends can chase the rise around 3730-3700, targeting 3780-3850-3900.

For more conservative friends, wait for lower longs. The market has already had its ups and downs today. Set buy orders at 3650-3620 for lower longs, with an effective stop loss below 3600. As for short positions, there are no arrangements here; indeed, one can only participate during the process of rising, after receiving a long upper shadow. Currently, the trend is indeed very strong, and any pullback immediately attracts buying to push the price up, so it's not advisable to preemptively set up for high shorts.

For Bitcoin, pay attention to resistance at 1197000 and 121000 above; shorts should focus here to see if it is pressured before participating.

Below, support is at 116000 and 115000. If it retraces and finds support here without breaking, then long positions can be considered for entry.

Market conditions change in real-time; Zhongliang provides references based on the charts. Please maintain rationality and avoid getting too caught up in the moment. In this market, liquidation can happen too easily; we are not in an infinite bullet mode! #NFT板块领涨