Midnight BTC/ETH Market Outlook:

This afternoon, I shared a high-level outlook, mentioning that the market needs a rebound correction. Congratulations to those who successfully went long and enjoyed the ride, but I hope this long position was a one-time move rather than repeatedly getting stopped out before finally catching a profit.

This afternoon, I pointed out resistance levels at 78,500 and 80,000, encouraging everyone to watch these levels for potential short-term opportunities. Currently, the market is testing the upper boundary of the hourly chart's resistance. The price has stopped falling and is bouncing at 74,555. The middle and upper bands of the Bollinger Bands are both opening upward, indicating bullish momentum. The MACD is gaining strength in the bullish zone, while the KDJ and RSI are turning upward. After bouncing from the lower band on the 4-hour chart, the price has formed three consecutive bullish candles. Next, focus on whether it can break through the middle band resistance. The MACD bullish momentum continues to grow, KDJ is turning upward, but RSI is flattening and slowing down. Midnight remains a high-level short-term outlook. The bottom longs missed the opportunity; no new longs are being added, and chasing the top now is even less likely.

Upper resistance levels to watch are around 79,800 and 81,200. If you don’t have a short position, consider participating in shorts around these levels. If you already hold a short at 78,500, you can continue to hold. Whether to add more at higher levels depends on your position size. Targets are set at 78,500, 77,000, and 75,000.

For Ethereum, this afternoon, focus on resistance at 2,380 and 2,450. The midnight outlook remains similar: resistance levels are still here. If you don’t have a short, consider shorting around these levels. If you already have a short, continue to hold.

It’s important to note that Zhong Liang does not believe that the current lows at 74,555 and 2,156 are the bottom. Therefore, the main strategy remains to short at resistance levels. However, this is a wave correction, and the opportunity for a larger swing short isn’t here yet. How strong the rebound can be is still uncertain, especially after several days of decline, market panic, and longs being wiped out. Indicators are severely oversold. A rebound correction is normal, and there are gaps to fill above. Currently, shorting is a short-term move. Once profits are realized, reduce your positions. We are in a phase of cautious exploration—trading while observing. Short on rallies, take profits, and cut losses if the market pulls strongly. Whether short or long, you need your own logic—know why you are doing what you’re doing and what indicators support your decisions.