Midnight BTC/ETH Market Commentary:
Right now, the BTC market rebound has reached 84,800 again, and ETH is around 2,700. So Zhongliang’s long positions didn’t get trapped. The first long was at 86,000; later, he asked to add longs at 84,500, with an average price of 85,200. Early last night, he asked for a long at 84,000; during yesterday daytime, he asked for a long at 83,500. The longs at 84,000 and 83,500—there’s no doubt they can “catch meat.”
The ETH long before at 2,720 was indeed trapped. Later, he asked for a long at 2,650. It has already gone up to 2,700 three times since then—so there is about a 50-point small profit. The earliest long also didn’t get trapped, right!
If you don’t have any long positions, continue with the midnight low-buy (long) mindset. Around the head position near 83,500, you can consider going long on dips; add more and keep it for around 82,000. Targets upward to watch: 85,000–87,500–90,000 for resistance.
For ETH, focus on 2,650 on the downside. The head position’s low-buy longs can participate around here. Add more around 2,550. On rebounds, watch resistance at 2,720, 2,850, and 3,000.
The market is never about chasing after it has already gone up, and it’s not about blindly shorting just because you see a pullback. First, confirm the overall trend and structure. If you think it’s a bullish (long) structure, then pullbacks are opportunities for you to scale in with longs at different prices, and rebounds are opportunities to trim long positions. Conversely, if you think it’s a bearish structure, then rebounds are your entry opportunity, and pullbacks are opportunities to reduce positions. Stay rational, manage your position sizing, and the rest is up to time! #币安将上市Hyperliquid（HYPE） $BTC
Right now, the BTC market rebound has reached 84,800 again, and ETH is around 2,700. So Zhongliang’s long positions didn’t get trapped. The first long was at 86,000; later, he asked to add longs at 84,500, with an average price of 85,200. Early last night, he asked for a long at 84,000; during yesterday daytime, he asked for a long at 83,500. The longs at 84,000 and 83,500—there’s no doubt they can “catch meat.”
The ETH long before at 2,720 was indeed trapped. Later, he asked for a long at 2,650. It has already gone up to 2,700 three times since then—so there is about a 50-point small profit. The earliest long also didn’t get trapped, right!
If you don’t have any long positions, continue with the midnight low-buy (long) mindset. Around the head position near 83,500, you can consider going long on dips; add more and keep it for around 82,000. Targets upward to watch: 85,000–87,500–90,000 for resistance.
For ETH, focus on 2,650 on the downside. The head position’s low-buy longs can participate around here. Add more around 2,550. On rebounds, watch resistance at 2,720, 2,850, and 3,000.
The market is never about chasing after it has already gone up, and it’s not about blindly shorting just because you see a pullback. First, confirm the overall trend and structure. If you think it’s a bullish (long) structure, then pullbacks are opportunities for you to scale in with longs at different prices, and rebounds are opportunities to trim long positions. Conversely, if you think it’s a bearish structure, then rebounds are your entry opportunity, and pullbacks are opportunities to reduce positions. Stay rational, manage your position sizing, and the rest is up to time! #币安将上市Hyperliquid（HYPE） $BTC
