Midnight BTC/ETH Market Forecast and Analysis

1. BTC Market Analysis

BTC surged violently from the low of 70,458 to 72,549.2, a daily increase of over 2,000 points. After continuous strong bullish attacks, it became seriously overbought. The bullish momentum has been fully released, and signs of stagnation at high levels have begun to appear. The main tone at midnight is leaning bearish.

- Strong resistance above: 72,600-72,800 (intraday high extension pressure, core short opening zone)
- Support below: 71,000 (first support), 70,500 (second support), 70,800-70,600 (deep retracement target)

After continuous rallying, BTC needs a technical correction. The main trend at midnight is a surge followed by a fall, with a deep correction path:
First, rebound to test the resistance at 72,600-72,800 and face pressure, then initiate a unilateral decline. The first target is to test 71,000. If broken, it will directly drop to 70,500-70,300, covering the entire range of 70,300-72,800. The bearish space exceeds 2,500 points, fully meeting the 1,500-point requirement.
If it opens lower and breaks below 71,500 directly, it can follow the trend to short, targeting 70,500-70,300.

2. ETH Market Analysis

ETH moves in sync with BTC, rising from 2,173 to 2,242.38, nearly a 70-point increase within the day. Its movement is fully linked to BTC, with serious overbought conditions at high levels. The bullish momentum is exhausted, and at midnight, the main trend is bearish following BTC.

- Strong resistance above: 2,245-2,250 (intraday high pressure, core short opening zone)
- Support below: 2,200 (first support), 2,180 (second support), 2,170-2,160 (deep retracement target)

ETH completely follows BTC’s rhythm, with a trend of surge followed by fall and synchronized downward movement:
After testing resistance at 2,245-2,250 and facing pressure, it begins a unilateral decline. The first target is to test 2,200. If broken, it will directly drop to 2,180-2,160, covering the entire range of 2,160-2,250. The bearish space exceeds 90 points, satisfying the 60-point requirement.
If BTC drops sharply and ETH breaks below 2,200 simultaneously, it can follow the trend to short, targeting 2,170-2,160.

Operational Ideas:
BTC (Main Short):
- Short: Short in batches within the rebound zone of 72,600-72,800, with a stop at 73,000, first target 71,500-71,000, second target 70,500-70,300;
- Long: Only lightly long on dips to 70,300-70,500, with a stop at 70,000, targeting 71,000-71,200, quick in and out.

ETH (Main Short):
- Short: Short in batches within the rebound zone of 2,245-2,250, with a stop at 2,260, first target 2,200-2,180, second target 2,170-2,160;
- Long: Only lightly long on dips to 2,160-2,170, with a stop at 2,150, targeting 2,200-2,210, quick in and out.