3.13 Bitcoin dan Ethereum Morning Strategy

Daily chart of Bitcoin shows four consecutive positive candles, with price strongly breaking through previous highs in the morning. The Bollinger Bands are gradually opening, with the coin price consistently running below the upper band, showing an overall strong structure. From a technical indicators perspective, KDJ has turned upward again forming a golden cross, MACD dual lines continue diverging upward, volume slightly expanding, and short-term bulls are in control.

However, it's worth noting that US stocks opened and closed lower yesterday, yet Bitcoin did not show synchronized pullback, mainly driven by continued inflows from spot ETF funds, with market sentiment artificially supported.

But macro uncertainty still exists, with Middle East situation and Iran conflict remaining potential variables. As long as the situation continues to escalate, risk-averse sentiment among funds could warm up anytime, and there's always a possibility of price retracing again. Technical setup is bullish, but I won't blindly chase gains; rallies still require caution.

Personal Suggestions
Bitcoin: Enter short at 71500-72300, target to watch 70000, if not broken then reverse to long
Ethereum: Enter short at 2120-2150, target to watch 2060, if not broken then reverse to long
$BTC $GT $ETH #Gate2月衍生品市场份额创新高 #比特币支撑阻力位分析