Midnight BTC/ETH Market Outlook:

It's rare to be sober at this point today, not sure if it's because my drinking has improved recently or if the alcohol in the water was watered down today. Anyway, I'm clear-headed now! So I'll briefly share my midnight thoughts.

Bitcoin is attempting an intraday rebound towards the 70,000 resistance level but has not stabilized yet. Zhong Liang's view remains unchanged: the rebound is not a reversal. It's just that the previous bullish momentum was too aggressive and needs a correction to restore confidence. Meanwhile, the bulls have been overly excited and need to be taught a lesson. The market is still in a phase of诱多逼空 (诱多逼空: enticing longs to trap shorts), so the strategy is to short on rallies!

Tonight, continue to watch the 70,000 and 70,500 resistance levels. Consider short positions around these areas. Support levels below are 69,300, 68,000, and 67,000.

For Ethereum, focus on the 2100 and 2150 resistance levels. Enter short positions around these levels. Support levels below are 2060, 2000, and 1950.