Midnight Thoughts on Tuesday

Contract trading is all about the thrill! A showdown between bulls and bears, the market trend is predicted by you, accurately grasping every pulse of rise and fall. With a small investment, you can leverage huge profits—this kind of excitement is unparalleled! On Tuesday, the Bitcoin market first continued to drop from the high point of 92370 in the morning to the low point of 89012 around noon, then stopped and rebounded. Near midnight, the price peaked at 93799. The Ethereum market also fell from the morning high of 3049 to the low of 2943 before rebounding, and then strongly soared to the midnight high of 3169. During the day, Sheng Ge executed two shorts and one long for Bitcoin, as well as two shorts and one long for Ethereum. After a small loss of 600 points on one Bitcoin trade, a total of 2800 points was gained, while Ethereum achieved a total gain of 153 points.
According to the current market situation, the daily level shows that after two consecutive bearish candles, the market has halted and rebounded. A long lower shadow is formed below the bullish candle, indicating strong resistance below. However, considering the overall trend, the price remains close to the lower Bollinger Band, and the trajectory of the market has not deviated from the downward channel. Therefore, the rebound is merely a corrective maneuver in the downward process, and the overall trend has not undergone significant changes, still being dominated by bears. From the four-hour level, the market has already formed a three consecutive bullish candle rebound, but it has currently slowed down. The middle Bollinger Band serves as an important resistance zone for the bullish counterattack. The price will not continue to recover upward until it breaks through this level. Therefore, in our midnight operations, we will maintain the mindset of shorting after the rebound.
BTC: Can short around 94000, target at 92000.
ETH: Short around 3200-3220, targeting 3050#逆势上涨币种推荐 #美联储会议纪要将公布