22:40 BTC, ETH Evening Insights

During the day we discuss positions, in the evening we discuss insights, I am Yaoyang.

Bitcoin has been somewhat sideways during the day, and long positions have been unable to enter for a long time. The rebound has failed to effectively break through 11100 even once, let alone the upper levels of 111800-112800-113600. It is highly likely that the market will move again after midnight. Even after last night's sudden drop to 1085, the main force still did not take action, and the capital volume cannot drive Bitcoin up.

At midnight, focus on the 111000 line for Bitcoin. If it cannot break through here, subsequent pullbacks may again see new lows, with potential lows being around 107700-105600. Long positions should consider participating around these two levels. If it breaks up at midnight, we can look successively at 111800-112800. Additionally, if 113600 is broken, then this round of pullbacks can be considered over, and we can start to recover with a daily rebound. As for what many people are saying about it dropping to the 9000s, I can clearly say that if this round of drop can reach the 9000s, I will eat the market.

As for ETH, given the capital volume, it can fluctuate back and forth by several hundred points throughout the day. No matter how much it drops, the subsequent rebound will at least have a space of 100-200 points. After dropping to 4310 in the morning, it started a basic four-hour rebound. At midnight, we need to focus on the 4600 level. If it cannot break through here or if the market does not rise, the strength of the rebound will also be weak. Even though it has now deviated from the market trend, it will always be influenced by the market, just showing enough strength. Overall resistance levels are 4600-4680-4800, and support levels are 4300-4215-4100. #加密市场回调