Bitcoin and Ethereum Latest Market Trend Analysis and Trading Recommendations: 3/24
Current price consolidating around 71,000. Morning 71,500 short positions have already captured gains, midday pulled back to 70,000 low, currently rebound momentum is weak, short-term rebound has ended. Technical Analysis: 4-hour chart facing resistance and turning downward, hourly chart Bollinger Bands narrowing and breaking below midline, indicators showing downward divergence, short-term momentum weak.
Operating Main Rhythm: Continue trading with trend, focusing on short positions with pull-backs. Key resistance 71,500-72,000, if not broken decisively go short. Aggressively can take light short positions in batches around 71,000, stop loss above 72,000. Downside targets 69,000-68,000. Ethereum short around 2,170-2,190, targets 2,120-2,080 area.
Maintain patience, focus on shorting at highs, targets pointing downward. Wishing continued profits on short positions! #BTC突破71000美元 #加密市场回涨 #特朗普对伊朗军事打击推迟五天
Bitcoin and Ethereum Latest Market Trend Analysis and Trading Recommendations: 3/24
Current price consolidating around 71,000. Morning 71,500 short positions have already captured gains, midday pulled back to 70,000 low, currently rebound momentum is weak, short-term rebound has ended.
Technical Analysis: 4-hour chart facing resistance and turning downward, hourly chart Bollinger Bands narrowing and breaking below midline, indicators showing downward divergence, short-term momentum weak.
Operating Main Rhythm: Continue trading with trend, focusing on short positions with pull-backs.
Key resistance 71,500-72,000, if not broken decisively go short. Aggressively can take light short positions in batches around 71,000, stop loss above 72,000. Downside targets 69,000-68,000.
Ethereum short around 2,170-2,190, targets 2,120-2,080 area.
Maintain patience, focus on shorting at highs, targets pointing downward. Wishing continued profits on short positions! #BTC突破71000美元 #加密市场回涨 #特朗普对伊朗军事打击推迟五天