The market has always been fair; profits ultimately vary from person to person; the core cause of trading is mindset. Don't let the impulse to chase highs and cut losses, or the obsession with holding against the trend, sway your rationality. Only by stabilizing your mindset, stepping accurately with market rhythm, and maintaining clear judgment can you stand firm in volatile markets and seize real profit opportunities. The midnight market continues its downward trend, and bears are gaining strength again. Bitcoin is testing the support line around 86100 again, while Ethereum follows the same upward and downward trend, with a minimum pullback to the 2870 line.
Currently, the market shows a weak rebound repair trend, with overall upward momentum insufficient and continuity weak. From the four-hour perspective, the previous five consecutive downward candles touched the mid-band of the Bollinger Bands and triggered a rebound, but the mid-band's suppression effect is gradually becoming evident. The current rebound strength is diminishing, and the continuity of upward movement is lacking; after a short-term rebound, the bearish pattern is likely to return. On the hourly level, there is a back-and-forth tug-of-war between bulls and bears, overall presenting a test-bottom pattern. After multiple tests of the support line around 86000, each is accompanied by a rebound repair, indicating that bears are still accumulating strength. Therefore, the market needs to complete the rebound repair process. Thus, the layout idea for the morning is clear: arrange short positions around the high point of the midnight rebound, aiming to test the key support line downward.
Bitcoin short in the range of 87700-88000, target 86000
Ethereum short in the range of 2980-3010, target 2850

