During the midnight, BTC broke the support near the bottom of 57600, and shorts continued to decrease with large volume. BTC formed a Long Wick Candle around the lowest point of 55969. The altcoin also synchronized with BTC, forming a Long Wick Candle around the lowest point of 2513. Overall, the market situation is generally in line with our expectations. It's still relatively easy to grasp the market by finding a few strong supportresistance levels. Such a market is not difficult to handle.

Based on the current market data, the four-hour chart saw an upward trend with a single bullish candlestick piercing through the middle and lower bands. Midnight market data saw a small correction, and based on current KDJ indicators, the fast line is turning upwards again with signs of forming a golden cross. The daily candlestick structure shows a consecutive two-day decline, and the trading hours are expected to provide some pullback after forming an upper shadow, leading to a further decrease in short positions. Therefore, the morning strategy can focus on Rebound.
BTC can be around 57000-57300, targeting near 58200.
ETH can be in the range of 2540-2560, with a target near 2610. #BTC #GateioInto11 #ContentStar #ETH #比特币