April 11 Midnight BTC/ETH Market Forecast and Analysis

1. BTC

During the day, BTC surged to 73255.7, then deeply retraced to 72309.5. After bottoming and rebounding, it is currently consolidating and oscillating in the 72800-72900 range.
- Strong support: 72200-72300 (intraday low area; the core starting point of this rebound. If it breaks down, it will then look to 71800-72000)
- Weak support: 72600 (the lower boundary of the current consolidation; a short-term line dividing bulls and bears. If the pullback does not break, the rebound is likely to continue)
- Strong resistance: 73400-73500 (strong resistance above the intraday high; a breakout would open targets at 73800-74000)
- Weak resistance: 73000-73100 (the first resistance level of the current rebound; a breakout would open upside room)

Midnight trading strategy
- Long entries: Enter in batches on the pullback in the 72300-72400 range. Set stop loss at 72000. First target: 73000-73200. Second target: 73400-73500. If it breaks through, hold with an eye on 73800+.
- Short entries: Enter in batches on the rebound in the 73300-73400 range. Set stop loss at 73600. First target: 72700-72500. Second target: 72200-72100. If it breaks through, hold with an eye on 71800.
- Range-bound response: If the price chops sideways in the 72500-73200 range, buy low and sell high around the range, strictly use stop losses, avoid chasing trades, and wait for a major breakout at a higher timeframe.

2. ETH

Current quote: 2241.17. ETH’s key midnight fluctuation range: 2210-2265. After ETH followed BTC higher to 2258 and then pulled back to 2218.01, it bottomed and rebounded, and is now consolidating and oscillating in the 2240-2245 range.
- Strong support: 2210-2215 (intraday low area; the core starting point of this rebound. If it breaks down, it will then look to 2190-2200)
- Weak support: 2230 (the lower boundary of the current consolidation; a short-term line dividing bulls and bears. If the pullback does not break, the rebound is likely to continue)
- Strong resistance: 2265-2270 (strong resistance above the intraday high; a breakout would open targets at 2280-2290)
- Weak resistance: 2250-2255 (the first resistance level of the current rebound; a breakout would open upside room)

Midnight trading strategy
- Long entries: Enter in batches on the pullback in the 2215-2220 range. Set stop loss at 2205. First target: 2245-2255. Second target: 2265-2270. If it breaks through, hold with an eye on 2280+.
- Short entries: Enter in batches on the rebound in the 2260-2265 range. Set stop loss at 2275. First target: 2235-2225. Second target: 2210-2205. If it breaks through, hold with an eye on 2190.
- Range-bound response: If the price chops sideways in the 2225-2255 range, buy low and sell high around the range, strictly use stop losses, coordinate with BTC trading, and wait for a major breakout at a higher timeframe.
#Gate现货衍生品双双冲进全球前三 #Meta推出AI模型MuseSpark $BTC $ETH