Midnight BTC/ETH Market View:
During the day, the main strategy was to short Bitcoin between 116,500 and 117,000. The highest rebound reached 116,700, and short positions were entered as expected. The current lowest retracement reached 114,300, leaving short positions with a 2,000-point retracement. Congratulations to those who followed the short position.
The midnight strategy remains to focus on high-shorting. Those who don't have the patience to wait for a rebound to enter the market should avoid buying low. Focus on upward resistance at 115,000 and 116,000. Rebounds from these levels will trigger short positions, with targets at 114,000, 113,000, and 112,000.
For Ethereum, focus on upward resistance at 4550, 4580, and 4620. Enter the market around these levels, with targets at 4480, 4430, and 4380. #FederalReserveRateCutExpectationsRising $BTC
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$ETH
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