Tuesday Midnight Strategy

Here, every fluctuation is an opportunity, and within minutes, you can witness your account balance skyrocketing. Using 100x leverage to maximize gains from small investments allows you to realize the dream of wealth freedom instantly. On Tuesday, Bitcoin's intraday trend showed a volatile downward movement. After surging strongly to around 107,435 in the morning, the price paused and then continued to decline, reaching a low of approximately 103,150 in the evening. Ethereum's intraday trend followed a similar pattern, with the price rising to around 3647 in the morning before gradually falling to about 3463 in the evening. Brother Sheng executed a long position on Bitcoin and a short position on Ethereum with a 1 long and 3 short setup. Despite some minor regrets, the overall profit remained substantial. The Bitcoin long and three short positions resulted in a loss of 600 points but gained a total of 3300 points. The Ethereum long and three short positions incurred a loss of 22 points but gained a total of 125 points.
Based on the current market, the four-hour chart shows that the price touched the upper Bollinger Band and is exhibiting a step-back-down pattern. The price has successfully broken through the middle Bollinger Band. Although the bulls are showing some recovery, their rebound volume is minimal compared to the bears' downward momentum. The overall trend is increasingly dependent on the bears. On the one-hour chart, the pattern shows two bearish candles engulfing a bullish candle, breaking below the lower Bollinger Band. While there is some resistance below, it does not affect the overall downward trend. The Bollinger Bands are opening downward, with the middle line turning downward as well. Therefore, during midnight trading, we maintain a bearish outlook.
BTC: Short around 103,800-104,000, target 102,000
ETH: Short around 3530, target 3380