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Brothers who haven't rested or gone to sleep yet, pay attention!
The market has now rebounded from the bottom, already climbing back to the area where we ambushed long positions in the evening. Currently, at the 80300 level, you can directly add a small position and go long again. The short-term target is first below 81000; once reached, take profits in batches and cash out. For those doing swing trading, focus on the resistance area above 82000. When the time comes, look for opportunities for a pullback under pressure. Keep up with the rhythm, control your position size well, and avoid blindly chasing the rise. Just operate steadily based on the levels we provided!
Currently, the market is at a critical support test at the 80,000 integer level, and the overall market is entering a phase of switching between bulls and bears. After a brief dip to test support, bullish funds quickly flowed back in, pushing prices higher, fully confirming that the 80,000 level is a strong key support. In the short term, the bearish momentum has significantly weakened, and the downside space is limited. The current low positions can continue to be held. From the four-hour cycle structure, the candlestick previously showed a series of downward moves, but after touching the lower Bollinger Band, it quickly formed a bottoming and rebound pattern, with very strong support at the bottom; combined with the 80,000 level forming a double strong support resonance, establishing the support zone. The subsequent trading strategy remains bullish at low levels, mainly relying on key support levels to build long positions.
Midnight Bitcoin: Long in the 80,000-80,300 range, short-term. Target around 81,000; swing target above 82,000.
Midnight Ethereum: Long in the 2260-2270 range, short-term. Target around 2300; swing target around 2380.