Midnight BTC/ETH Market Outlook:

The market seems to be controlled by someone. Bitcoin just happened to drop to a number like 66666 to stop the fall—it's almost too fake to be real. The bulls seem unstoppable; in the past hour, longs were liquidated for $140 million, in the past 4 hours, $530 million, in the past 12 hours, $800 million, and in the past 24 hours, $1.24 billion. Over 304,780 traders have been liquidated... Everyone says the bottom is not something you can catch, but something you get trapped in. This is true—who are the innocent victims among these gamblers getting wiped out?

With the market falling like this, there's not much to analyze. Indicators are severely oversold, but the price just keeps plunging. It bounces slightly, then immediately releases floodwaters again. Going long feels like being a dog—bottom fishing results in continuous liquidation... Midnight rebound, then short again. If there's an opportunity, get in; if not, just sleep peacefully and check back when you wake up!

Bitcoin is currently facing resistance around the 70800 level on the hourly Bollinger middle band, which can serve as a reference for short positions. This is also the 15-minute level where a double bottom probe occurred, retracing back to the high of 66666. Additionally, the 2-hour middle band resistance is around 71800. Focus on these two levels for short-term setups, with targets at 69000, 67000, and 65000.

For Ethereum, watch the resistance around 2050 and 2100. Enter short positions around these levels, with targets at 1980, 1930, and 1850.

Market volatility is high. While profits look large, actions are quick, and false moves are common. Profits and risks coexist. Missing the market means no gains, but making wrong moves will definitely lead to losses! Don’t rush to jump in just because you missed out—stay rational. As long as the green mountains remain, there’s firewood to burn. With such large fluctuations and uncertainties, going against human nature, not losing money is already a kind of win! Once this extreme market phase passes and things return to normal, there will be opportunities to participate. I hope every retail trader can stay calm, rational, and composed—stay cool, stay calm, and stay even calmer!#当前行情抄底还是观望？ $BTC