Midnight BTC/ETH Market Outlook:



Bitcoin rebounded to around 67,000. The lower band of the daily Bollinger Bands has no room, and after falling below yesterday, the price quickly recovered today. It opened above the lower band, so the market is moving in a rebound. A rebound is very normal. This was already mentioned in the daytime outlook. As for the rebound, the intraday has already triggered so many short positions, there's nothing to do about it. Going short, going all-in—any slight market fluctuation will trigger a breakout. This kind of trading is only suitable for midday!

For those who previously held short positions on Bitcoin, watch out for liquidations. There's no need to frequently add to positions. The middle band of the daily chart is at 68,000—this is a strong resistance. Short positions should be defended around here, adding about 1,000 points as a buffer. The market never only falls without rising. When it falls and there's no more room below, a rebound is very normal. If the position isn't ideal, cut losses. If your position isn't heavy, set proper defenses. The rest is just time.

If you don't have short positions, at midnight, around 67,000 and 68,000, there's no doubt—go short if you want. Targets are 66,000, 65,000, 64,000.

For Ethereum, if you don't have short positions, around 2000, go short if needed. No hesitation. Manage your positions well. If it reaches 2100, be ready to add to shorts. This is the midnight outlook. If you're already caught in a short, and want to hold on, ensure liquidation protection at least above 73,000 and 2,300. Otherwise, don't hold on. If your position is large, better to hold a bit longer rather than rushing to add. The more you add, the higher the average price, but liquidation risk also increases!

I don't want to stay up late this year, so good night, everyone! No live stream plans either—I don't want to tire myself out. Just go with the flow, be casual, and relaxed! #比特币反弹 $BTC
BTC7,51%
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