Midnight BTC/ETH market outlook:

The market was in a sideways trend, suddenly making a big move at night without any news to explain it. I don't understand why it surged, but after such a jump, if you want to switch to a bullish position and chase the upward trend, the current market conditions don't provide enough basis for that. So if you've already shorted at 108500 and 2550, the best you can do is to hold on patiently, whether you're in a loss or floating loss, it's all normal. Just maintain a good stop-loss and leave the rest to time. This surge didn't break through the previous resistance area, so jumping in to go long immediately would be like being indecisive, easily getting hit from both sides.

The Bollinger Bands for Bitcoin on the 4-hour level are tightening, with both the upper and middle bands trending downward. The upper band resistance is around 109,700. The MACD bearish momentum continues to shrink, while the bullish momentum is starting to expand. The KDJ was initially turning downward and nearly formed a death cross, but has suddenly reversed direction and is now turning upward. On the hourly chart, at 9 PM, a long upper shadow bullish candle broke through the upper band resistance, and the current price has retraced below the upper band. The KDJ is turning downward, indicating a need for a retracement.

So at midnight's perspective, if you've shorted around 108500, just hold it. If you haven't shorted, you can look for opportunities to short between 109500 and 110000, or if you believe it won't drop, you can directly long around 108500 and then short around 110000. It's all your freedom of choice. Zhongliang makes no demands, just shares his own views!

If you have already shorted around the 2550 level of Ethereum, then just hold patiently. If you haven't shorted, you can wait to short at 2590 and 2620. For those who have already shorted, this is the area to consider adding to your short position. Similarly, if you believe it won't drop further, then go long. If you think going long is also unstable and you lack confidence in shorting, then go to bed early. Missing out on the market won't make you money, but it also won't cause you to lose.

Zhongliang has never had guaranteed winning trades here; all opinions are for reference only and need to be verified by the market. Therefore, everyone must remain rational and manage their positions. If you always want to make a single bet to determine win or lose, life and death, Macau is more suitable for you! #Dr.Han入驻Gate广场