🌙 Midnight BTC/ETH Market Insights
Market Recap:
Earlier today, I shared a High Short strategy. Bitcoin showed resilience early this morning, bouncing back quickly after dipping to the 64,900 level. While we’ve seen a fluctuating upward trend throughout the day, the rebound lacks significant strength.
Key Reminder: Indicators often lag; prices usually move first before indicators signal a need for correction. Current bullish momentum is thin—do not chase the rise!
📉 Bitcoin (BTC) Analysis
The intraday high touched the 68,100 zone, with the price now hovering around 67,500. My bearish outlook remains unchanged.
Resistance Levels (Short Entry): 67,500 | 68,500 | 70,000
Support Levels (Targets): 66,500 | 65,000 | 64,000
📉 Ethereum (ETH) Analysis
Ethereum reached a high of 2,086 today. As predicted, the rebound strength on the hourly chart is fading.
Resistance Levels (Ambush Shorts): 2,080 | 2,120
Support Levels (Targets): 2,000 | 1,950 | 1,900
Market Sentiment: Stay cautious as global markets show volatility. Always manage your risk and stick to the plan.
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Current Status:
Pair: BTCUSDT Perp
Price: 66,872.8
Change: +0.99%