Reviewing the midnight market, Bitcoin's overall volatility was not large, only a few hundred points of space. From the high point of 81855, it fluctuated downward until the early morning, when it dipped to around 80929, then quickly rebounded above 81000 and traded sideways. Currently, the coin price hovers around 81300. Our midnight tip was to go long near 81000, but due to the overall small market movement, we did not arrange for students to trade. Market fluctuations are unpredictable; do not be swayed by emotions. Maintain a steady mindset, trade rationally, be patient, and a steady long-term approach in the crypto space is the true winner.



From the technical chart perspective, after a series of bullish candles surged higher, the market entered a phase of three consecutive declines as expected, initiating a technical correction. The price tested the key level of 81000 three times, but each time it failed to break through effectively and quickly recovered, highlighting the support strength at this level. Once the 81000 level completes a top-bottom structure conversion, the market may resume its upward trend. Currently, various technical indicators are gradually stabilizing, and the medium-term bullish trend remains intact. As long as the market maintains range-bound consolidation and stays above the core support at 81000, the overall strong structure will not be broken. Trading strategies can focus on buying on dips near key support levels.

Personal advice for Bitcoin: go long near 81000 with a target of 82500.

Personal advice for Ethereum: go long near 2340 with a target of 2400.
BTC-0.17%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin