Midnight analysis of the overall market, how will the market move next?

#BTC The major cryptocurrency dropped to around 92200 today before rebounding, reaching a high of around 97800 before pulling back. The low has rebounded to 5400 points. Currently, the major cryptocurrency faces pressure at 97800, strong resistance at 99000, and short-term support at 94800, 93700, with strong support at 92300.

Key attention should be given to the turning point at 99000 above. To rise, it must break through 99000; otherwise, the downward trend will reverse. If it can't surpass this position, it will still come down.

#ETH The second cryptocurrency dropped to 3100 today before rebounding. So far, it has reached a high of around 3500 but did not stay there and slowly pulled back a bit. The second cryptocurrency has short-term pressure at 3500, support at 3220, 3100, with resistance at 3500, 3550.

Currently, Ethereum is paying attention to the important level of 3550. If it breaks through 3600 and stabilizes, the downward trend will reverse. In the short term, the focus should be on buying low; if it does not reverse, focus on selling high in the short term.

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