Midnight Thought Guide:

Just finished the broadcast, updating everyone with some midnight thoughts! Today’s market was another day of ups and downs. Ethereum first dipped to around 2882 in the evening, while Bitcoin remained stagnant. Then Ethereum surged to a peak of around 3030, with Bitcoin bouncing back to around 90300. This was purely a short squeeze. After that, the market was hit again, leaving retail investors who chased the highs in despair. So, you must absolutely avoid chasing highs and cutting losses; otherwise, you’ll be caught in the middle!

Intra-day analysis shows resistance levels at 88000 and 90000. Ethereum at 2980 and 3030 is a high short position, indeed the highest point for shorts. The analysis provided every day by Zhongliang is not just random guessing; it’s crafted word by word. Everyone should take a serious look at it daily; you won't suffer losses or be fooled. Zhongliang emphasizes every day that trading is not simply about where to buy or sell but understanding the logic behind the order placement: why to short at this position and which indicators in the candlestick reflect this price.

Bitcoin is experiencing a pullback after being constrained by the middle band on the daily chart. Currently, the middle band is opening downward, and the lower band is also declining, giving the bears enough space. The MACD bearish energy is starting to increase, and KDJ and RSI are both turning downwards. After quickly pulling back from resistance on the upper band in the 4-hour timeframe, the last candlestick formed a long upper shadow like a golden hoop stick. Even if the market is going to drop, it often puts on a show first, intentionally driving prices up before unloading and crashing the market. Therefore, if you’re shorting, don’t be afraid of a price spike; that’s your chance to enter a high short position or to add to your shorts. Be sure to treasure that opportunity!

At midnight, keep an eye on the resistance levels at 88000 and 90000. The rebound here is still a short position. The downside targets are 86500, 85000, and 83000. This week, the bearish target is 80000, and the swing short target remains at 75000.

For Ethereum, watch the resistance levels at 2980 and 3030. High shorts should still be focused around this resistance, with downside targets at 2880, 2830, and 2750. This week, the bearish target is 2600, and the swing short target is 2500.

It’s late at night, and I’ll accompany you all to this point. That’s all for now. I hope everyone remains calm and avoids chasing highs and cutting losses; manage your positions well. If you appreciate the free advice, remember to give Zhongliang a thumbs up. For those who need it, use the invitation code to register for commission rebates and join the strategy group to follow trades, ZL168. Friends in need, don’t forget to fill it out!