Midnight BTC/ETH Market View:
After a few days off, people have relaxed, and at this point, it's hard to stay awake! During lunch, Zhong Liang clearly advised everyone to continue with a bullish strategy and not to chase highs or sell lows. Last week, we were all in for the bullish ride, making profits, and during the May Day holiday, it just happened to be the weekend, so there was no market watching!
During lunch, everyone was advised to buy Bitcoin on the pullback at 93600. After a quick drop to 93600 in the evening, it surged back to 94500 and then pulled back again. This pace was too fast, and I estimate that many didn't have time to reduce their positions. But that's okay; for those who missed the opportunity, the evening pullback to around 93559 provided a second chance to enter. Currently, the price is around 94200, and those long positions are already profitable, so if you're looking for short-term gains, you can manage your profits as you see fit!
At midnight, we need to pay close attention to the resistance at 95000 and 95500. Only if we can stabilize above these levels after a rebound can we consider the pullback over; otherwise, the bulls might be in some danger. If you haven't entered any long positions, there's no need to rush; you can continue to set up lower buys at the support levels!
For Bitcoin, key support levels to watch are 93500, 92700, and 92000. If you don't have any long positions at midnight, you can consider entering around here. If you already bought in at 93600, you might want to consider reducing your positions near 94600 during the midnight rebound, and then look to add to your positions at the lower support levels or take profits safely – both are valid options!
For Ethereum, the support levels at 1780 and 1750 were suggested for bullish positions at lunch, but unfortunately, after giving the strategy, the market pulled back to a low of 1793, so no long positions were established. The strategy remains unchanged for midnight; key support levels to watch are 1780, 1750, and 1730, focusing on low buys around here, with targets at 1820, 1840, and 1870.
The above is just a personal opinion; investment carries risks, and caution is needed when entering the market! #币安LaunchpoolSXT $BTC
After a few days off, people have relaxed, and at this point, it's hard to stay awake! During lunch, Zhong Liang clearly advised everyone to continue with a bullish strategy and not to chase highs or sell lows. Last week, we were all in for the bullish ride, making profits, and during the May Day holiday, it just happened to be the weekend, so there was no market watching!
During lunch, everyone was advised to buy Bitcoin on the pullback at 93600. After a quick drop to 93600 in the evening, it surged back to 94500 and then pulled back again. This pace was too fast, and I estimate that many didn't have time to reduce their positions. But that's okay; for those who missed the opportunity, the evening pullback to around 93559 provided a second chance to enter. Currently, the price is around 94200, and those long positions are already profitable, so if you're looking for short-term gains, you can manage your profits as you see fit!
At midnight, we need to pay close attention to the resistance at 95000 and 95500. Only if we can stabilize above these levels after a rebound can we consider the pullback over; otherwise, the bulls might be in some danger. If you haven't entered any long positions, there's no need to rush; you can continue to set up lower buys at the support levels!
For Bitcoin, key support levels to watch are 93500, 92700, and 92000. If you don't have any long positions at midnight, you can consider entering around here. If you already bought in at 93600, you might want to consider reducing your positions near 94600 during the midnight rebound, and then look to add to your positions at the lower support levels or take profits safely – both are valid options!
For Ethereum, the support levels at 1780 and 1750 were suggested for bullish positions at lunch, but unfortunately, after giving the strategy, the market pulled back to a low of 1793, so no long positions were established. The strategy remains unchanged for midnight; key support levels to watch are 1780, 1750, and 1730, focusing on low buys around here, with targets at 1820, 1840, and 1870.
The above is just a personal opinion; investment carries risks, and caution is needed when entering the market! #币安LaunchpoolSXT $BTC
