Midnight BTC/ETH Forecast and Analysis



1. BTC

- Resistance above: 80,600-80,800 (First resistance), 81,200-81,400 (Strong resistance)
- Support below: 79,600-79,400 (First support), 79,000-78,800 (Strong support)
- Intraday volatility range: 79,461.5-81,680.6

Trend judgment:
BTC is currently in a technical rebound phase after a decline, with the price bouncing from a low of 79,461 to 80,150, still not breaking through the key resistance of the downtrend channel. The overall trend during midnight is mainly bearish, with limited rebound space.
- If the price rebounds to the 80,600-80,800 zone and encounters resistance (showing decreasing volume on upward movement or long upper shadow candlesticks), consider a light short position, with a stop-loss above 81,000, targeting around 79,600, and if broken, look towards 79,000.
- If the price cannot break through 80,300 and drops directly to support at 79,600, beware of a second bottom risk. After breaking the 79,461 low, the next support is around 78,800-79,000. Do not chase short positions at this time; wait for stabilization signals.

2. ETH

- Resistance above: 2,315-2,320 (First resistance), 2,330-2,335 (Strong resistance)
- Support below: 2,290-2,285 (First support), 2,278-2,275 (Strong support)
- Intraday volatility range: 2,278.13-2,345.89

Trend judgment:
ETH's movement is highly correlated with BTC, but the current rebound strength is weaker than BTC, and overall it is in a weak oscillation. During midnight, the trend is also mainly bearish, so it is not recommended to chase longs.
- If the price rebounds to the 2,315-2,320 zone and encounters resistance (showing decreasing volume on upward movement or long upper shadow), consider a light short position, with a stop-loss above 2,330, targeting around 2,290, and if broken, look towards 2,278.
- If the price retraces to the 2,290-2,285 zone, pay attention to signs of stabilization. Do not bottom-fish unless there is a volume increase and a long lower shadow, to avoid insufficient support leading to a second decline.
BTC-1.72%
ETH-2.55%
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