BTC/ETH Midnight Trading Strategy:
After Bitcoin surged to a high of 108366, it has pulled back. The daily K-level is continuously under pressure from the upper band and mid-band, with the price likely to continue testing the lower support level. The weekly K is also under pressure from the upper band and has pulled back. The MACD bullish energy value is decreasing, and the KDJ has crossed downwards. Currently, it seems that this wave of bearish selling has not yet ended, so caution is advised when bottom-fishing, or else it could easily lead to liquidation!
On the short term, the 4-hour Bollinger Bands are narrowing and trending downwards, with the price firmly pressed below the mid-band throughout the day. The support levels to watch below are 93700 and 92200; if these levels are lost, we will have to test the 90200 level, which is around 9000. The operation should focus on shorting.
For Bitcoin, short positions should be taken at 96700 and 97700, targeting 95000, 93700, and 92200, with a breakout target at 90200.
For Ethereum, short positions should be taken at 3380 and 3440, targeting 3250, 3190, and 3100. #加密市场盘整 $BTC