Midnight Bitcoin and the Betas's trend are still relatively in line with our expectations, only the overall volatility has slightly contracted. Regarding Bitcoin, midnight first completed a retest, precisely probing the 77,000 level, then quickly stabilized and recovered after a false breakout, followed by a steady oscillation upward, with the early morning peak reaching around 78,300, directly providing a thousand-plus point upward range. The Betas completely follows Bitcoin's rhythm and moves in sync, also creating an operable range of over 50 points. I clearly indicated the midnight strategy: Bitcoin and the Betas should continue to position around key support levels for long positions, successfully bottoming out and entering the market. Bitcoin's long positions gained over 800 points and closed profitably, while the Betas also secured over 40 points and exited smoothly.
From the current market perspective, after Bitcoin completed its bottoming and rebound at midnight, the price has returned to yesterday's oscillation upper boundary. In our midnight strategy, we explicitly pointed out that the 77,000 level is the short-term core dividing line for long positions—if this level is effectively broken, the market will further test the support at around 74,700; otherwise, this round of decline is just a routine technical correction within the upward trend, and a rebound recovery is likely to follow. The current market trend fully aligns with our forecast. On the four-hour chart, the candlesticks repeatedly probe downward but all close with long lower shadows, indicating strong buying support below; at the same time, with recent retests, the range of the range head has not released effective volume, and the downward continuation is clearly insufficient. On the hourly chart, after completing the bottoming and rebound, the oscillation center has steadily moved upward, with the fast and slow lines and the KDJ three-line forming a golden cross resonance, signaling a continuation of the upward trend. Therefore, our early morning outlook remains unchanged.
Bitcoin: Long around 77,700, aiming for 79,500. #Gate13周年现场直击
Betas: Long around 2,310, aiming for 2,400. $BTC $ETH