Midnight BTC/ETH market outlook:

Two long positions on Ethereum during the day, feeling great! In the morning, I suggested buying at 3690 and 3630, and in the evening, I suggested buying at 3650 and 3620. Congratulations to the friends who made profits!

On the 4-hour level of Ethereum, there were two needle tests at 3620 to stop the decline, forming a small double needle bottom. After two consecutive candlesticks closed as hammer bullish lines and stabilized at the Bollinger middle track support of 3730, it is set to test the upper track resistance of 3850. The KDJ is about to have its three lines converge and form a golden cross upwards, while the MACD fast and slow lines are above the zero axis, with bearish energy decreasing. The RSI is turning upwards after being oversold at a low level. On the 12-hour level, there were also two retracement tests at the BBI support around 3620, with the important support below at 3600. If the retracement does not break 3600, it is bullish; breaking 3600 will likely lead to 3400.

There are two long strategies for Ethereum at midnight, and everyone can choose for themselves. Aggressive friends can chase the rise here at 3730-3700, with targets at 3780-3850-3900.

Stable friends are waiting to buy low; during the day, there have been ups and downs. I have set buy orders low at 3650-3620, with a stop-loss if it effectively breaks below 3600. As for short positions, there are no arrangements here; indeed, one can only participate after a long upper shadow during the upward movement. Currently, the trend is indeed very strong. Whenever there is a pullback, funds immediately buy to push the price up, so it's not advisable to set up short positions in advance.

Pay attention to the resistance of Bitcoin at 1197000 and 121000. If you want to short, focus on these levels and see if it is under pressure before participating.

Pay attention to the support below at 116000 and 115000. If it retraces and stops falling here, only then can long positions be considered for entry.

Market conditions change in real-time, and Zhong Liang is only providing a reference based on the market situation. Everyone must remain rational and avoid getting overly excited; this market makes liquidation too easy, and none of us are in an infinite ammo mode! #山寨季来了？#