Jingyi Midnight Market Analysis

Short-term tends to be volatile and bearish, with high altitude, not aggressively going long; medium-term major trend remains bullish, with multiple attempts to push higher at high levels without breaking through, indicating weakening bulls, which is a pullback and shakeout after a rally, and the rebound is an opportunity to short, not to chase longs.

As long as support is not broken, do not expect a sharp decline; key support below holds, only oscillating and gradually declining to gather strength, not a one-sided crash. After the pullback reaches the appropriate level, still look for bullish signals.

Ethereum Classic has always been weaker than BTC, moving in tandem with Bitcoin but with deeper corrections, weaker short-term rebounds, and greater selling pressure. Strategy: short on rebounds.

Trading Suggestions
Bitcoin 805–808 rebound short, target 792–780
Resistance: 80,500–81,000 | First support: 79,000 | Strong support: 78,200

Ethereum Classic 2300–2320 rebound short, target 2240–2200
Resistance: 2,300 | First support: 2,230 | Strong support: 2,210

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