Midnight BTC/ETH Market Outlook:



Bitcoin yesterday at midnight shorted at 70,000 and 2,100, and has already taken profit from the short positions today. The strategy for tonight remains mainly to short on rallies!

The Bitcoin hourly chart shows a rebound demand. Currently, the price is testing around the middle band resistance. Both KDJ and RSI are turning upward, and the MACD bullish momentum is also starting to expand. On the hourly chart, there appears to be a W-shaped pattern that isn't very expensive. The left peak is around 72,300, the left trough at 68,200, and the somewhat irregular right trough is slightly lower at around 67,880. If this W-shape forms, attention should be paid to the left peak near 72,000.

Ethereum's long positions are similar. The hourly chart also shows a somewhat irregular W-shaped pattern, mainly due to frequent fluctuations. Sharp V-ups and V-downs make chasing rallies and cutting losses uncomfortable, with repeated lessons learned!

I won't specify the exact resistance levels tonight, but just to say, there's a possibility of such a W-shaped pattern. Shorting is an option, but not chasing shorts—it's about shorting on high. The daily sharing and analysis I've been doing are not just for a day or two; those who are ready to take profits or increase positions have already done so! If you've only been watching without participating, no matter how clear the updates are daily, it would all be in vain…#当前行情抄底还是观望? $BTC
BTC-2.56%
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