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Yueying: 3.15 Bitcoin Ethereum Today's Market Analysis - All Short Positions Realized + Latest Short-term Reference
I am Zhou Yueying. Friends who like the article, please follow, and let's share today's insights!
Bitcoin Technical Analysis————
The short position strategy at 73200 provided in the previous Bitcoin article has resulted in approximately 3000 USDT of profitable space. From the daily chart, after the market surged higher, it closed with a pin at the top and entered consolidation at high levels. Intraday opening continues to maintain narrow range trading. The Bollinger Bands slightly open, short-term moving averages run upward, MACD fast and slow lines run upward with volume bars expanding. KDJ crossover runs upward. VR indicator consolidates at the 115 value dividing point. On the 4-hour chart, the market consolidates upward, the Bollinger Bands slightly narrow upward. Short-term moving averages turn upward, MACD fast and slow lines cross upward again after turning. Volume bars turn red with slight expansion. KDJ extends upward, pay attention to resistance around the 100 value. VR indicator consolidates near the 120 value. Overall, after Friday's market surged and faced resistance, the weekend entered consolidation adjustment. Although the structure leans toward strength, the resistance above still needs observation. In the short term, continue observing the breakthrough of the previous high. Support below focuses on the 70000 area. See short-term suggestions.
Bitcoin Short-term Suggestions: 73200 short, 70600 long (When strategy activates with profits, manage accordingly)
Ethereum Technical Analysis————
The previous short position at 2180 for Ethereum encountered resistance around 2200 and pulled back. The market moved approximately 140 points, with about 120 points of strategy realization. The trend met expectations. Overall technical aspects correlate with Bitcoin. In the short term, reference the previous high area for positioning. Support focuses on above 1980. Short-term operations rely on range trading; adjust when breakouts occur. See short-term suggestions.
Ethereum Short-term Suggestions: 2150 short, 2030 long (When strategy activates with profits, manage accordingly)
——I am Zhou Yueying, a teacher focused on technical analysis. Any friends with questions about operations or trends can communicate and learn with me! Exchange together, profit together! #BTC #ETH