Midnight BTC/ETH Market Forecast and Analysis



1. BTC Analysis

BTC rebounded from oversold levels near 79,800 intraday, stabilizing after a short-term decline, with room for low-level long positions; however, the major bearish trend has not been fully reversed, and the rebound still faces pressure and potential pullback risks. Overall, focus on low buy-ins with supplementary high sell positions.

- Support levels:
First support: 80,200-80,000 (a rebound test without breaking is a safe entry zone for short-term longs)
Second support: 79,800-79,500 (intraday low strong support; breaking below invalidates the low-long strategy)
- Resistance levels:
First resistance: 80,700-80,900 (intraday upper boundary of oscillation, can attempt light short positions if under pressure)
Second resistance: 81,100-81,300 (key level for bears to defend; touching it can be used to establish swing short positions)

Trading Strategy:
- Primarily focus on low longs: Entry zone 80,200-79,800, target 80,700-80,900, and if broken, look for above 81,100, with stop-loss below 79,500
- Supplementary high shorts: Light short positions on rebound to 80,700-80,900, target 80,200-80,000, with stop-loss above 81,100

2. ETH Analysis

ETH has completed an oversold rebound in tandem with BTC, stabilizing after a short-term decline, with high cost-effectiveness for low-level longs; however, bearish pressure above remains, limiting the rebound height. Overall, focus on low buy-ins with supplementary high sell positions.

- Support levels:
First support: 2,265-2,260 (a rebound test without breaking is a safe entry zone for short-term longs)
Second support: 2,255-2,250 (intraday low strong support; breaking below invalidates the low-long strategy)
- Resistance levels:
First resistance: 2,285-2,290 (intraday upper boundary of oscillation, can attempt light short positions if under pressure)
Second resistance: 2,295-2,300 (key level for bears to defend; touching it can be used to establish swing short positions)

Trading Strategy:
- Primarily focus on low longs: Entry zone 2,250-2,260, target 2,285-2,290, and if broken, look for above 2,295, with stop-loss below 2,250
- Supplementary high shorts: Light short positions on rebound to 2,285-2,290, target 2,270-2,260, with stop-loss above 2,295
BTC-0.04%
ETH-0.76%
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