Good morning, friends! The midnight BTC big pie trend is in sharp contrast to the evening. After price probed the resistance near 70400 for the second time, it met selling pressure and fell back. It then maintained a choppy downward rhythm, with the low returning to the 68600 area for now. Earlier, in my midnight strategy, I had already clearly stated: the key resistance above is relatively strong. If the price cannot break upward, a pullback correction is inevitable. Near 70400, you can directly set up for a “qu” trade. From the level-based prediction to the market’s execution path, it can be said to be exact to the last detail, and within just more than ten minutes, the trade was confirmed. With nearly 1600 points of “qu,” there is plenty that you can take hold of. Follow the idea closely and execute strictly—making profits and “getting the oil and eating the meat” is not difficult at all.

From the current market structure, the downside momentum of BTC continues to release, and the effectiveness of the lower-area probing is significant. In the short term, there is no clear signal of stabilization, so I do not recommend going against the trend to “dou” and gamble on a rebound. On the daily timeframe, there is a volume-increasing bearish close. A large portion of the earlier long run has already been given back. It forms a high-position shooting-star-style bearish candle, and the long upper wick fully reflects heavy selling pressure at higher levels. On the four-hour timeframe, the “qu” route has repeatedly tested higher but has failed to effectively stand firm. A technical pullback correction is therefore inevitable. Currently, compared with the earlier period, there is no obvious expansion in volume, so the continuation of the downside still needs further observation. In a “qu” weakness pattern, in the short term there is a strong expectation of a pullback toward the midline of the moving averages. Based on the hourly timeframe as well, the indicators form a death-cross convergence, the market keeps printing consecutive bearish candles and falling, and with volume increasing in sync to support the decline, the current structure is in a probing-and-stabilization stage. Next, the focus should be on the strength of how well the downside support is being absorbed. In terms of execution, we still just need to proceed with the high-“qu” approach.

BTC: 68900～69200 “qu,” with a downside target of 67000.
ETH: 2120～2140 “qu,” with a downside target of 2020.$BTC #稳定币争议升温