Midnight Insights and Action Suggestions
BTC:
The big pie has fallen below the last line of defense for the bulls at 100600, and the current price is around 98000.
The support for the downward pullback is at 97000, with minor level resistance during the night at 99500 and 100600.
Only if the four-hour closing stabilizes above 100600 does the market have a chance to rise; the upper resistance level is at 101300. If this resistance is broken, the market may continue to rise to 102773 and 106000.
ETH:
The second pie has fallen to the support level of 3420, and the daily support has been broken.
A rebound during the night needs to break through 3500; otherwise, the rebound will be weak, and the daily level may continue to decline.
Focus on the minor level resistance at 3500 and 3570; if the rebound does not surpass these two resistance levels, the market will still be bearish.
