April 2 Midnight BTC/ETH Market Forecast and Analysis

1. BTC
Today, BTC continued its oscillating rebound trend, with the intraday low reaching 67,883.7 and the high touching 69,288.0. The current quote is 68,797.6, completing a V-shaped reversal overall, rebounding nearly 900 points from the intraday low. Bullish momentum is strongly released, and the short-term trend has shifted from weak to strong.

Bullish:
- The price successfully recovers the key zone of 68,500-68,800, stabilizing above it and opening further upside space. The resistance level above moves up to 69,300-69,500. If broken, it may challenge the 70,000 mark.
- The V-shaped reversal confirmed the support at 67,800-68,000 is effective. Bulls have sufficient momentum, and the short-term trend is bullish.
- Market sentiment is warming up, with significant capital inflow, providing energy for price increases.

Bearish:
- 69,200-69,300 is a previous strong resistance zone. Multiple attempts to break through failed. If the price faces resistance here, a pullback is highly likely.
- After rapid ascent, profit-taking needs may arise. Beware of a pullback after a high surge. The first support is at 68,500, with a strong support at 68,000.

Midnight Trading Strategy:
- Long position idea: Buy in batches on dips around 68,500-68,600, with a stop loss at 68,200. Target 69,200-69,500. If broken, hold for 70,000.
- Short position idea: Short in batches around 69,200-69,300, with a stop loss at 69,500. Target 68,600-68,300.

2. ETH
ETH moved in sync with BTC, forming a V-shaped reversal. The intraday low was 2,107.04, and the high reached 2,157.10. The current quote is 2,145.10, rebounding nearly 50 points from the low, with an increase of over 2%. Bullish momentum is strong, and the short-term trend is clearly bullish.

Bullish:
- The price successfully stabilizes above the 2,140 key level. Resistance above shifts to 2,155-2,160. If broken, it may challenge 2,180-2,200.
- Support at 2,100-2,110 is confirmed. Bulls have sufficient momentum, and the short-term rebound trend continues.

Bearish:
- 2,155-2,160 is a previous strong resistance zone. Multiple attempts to break through failed. Resistance here may trigger a pullback.
- Rapid rise shows overbought signals, and profit-taking needs may occur. Beware of a high pullback. The first support is at 2,130, with a strong support at 2,110.

Midnight Trading Strategy:
- Long position idea: Buy in batches on dips around 2,130-2,135, with a stop loss at 2,115. Target 2,155-2,160. If broken, hold for 2,180-2,200.
- Short position idea: Short in batches around 2,155-2,160, with a stop loss at 2,170. Target 2,130-2,115.