$ETH There's still a bit more to go. There are too many short positions, so there's definitely going to be a big rally.

Downtrend blocked, trade rebounds cautiously. Major trend reversal, enter on bounce! 3.20 Bitcoin and Ethereum strategy Initial jobless claims slightly bullish, but Powell's comments had too much impact. US stocks opened and closed lower, crypto followed suit, only bouncing at dawn. Yesterday Ethereum looked strong, waited for dip to 2100 to try a long. Bitcoin entered at 69000, currently up slightly! Daily three consecutive red candles, price closed near the midline. This morning's long lower wick shows downside resistance, chart indicators KDJ three lines dead cross diverging downward, MACD volume continues to shrink. Overall trend remains bearish, so intraday operation advice: focus on shorting bounces, with long scalps as secondary! 3.20 Short Strategy Bitcoin: Bounce short at 72700-73000, conservative entry at 73500-74000, stop loss around 74600, targets 71500-71000, break targets 70500-70000, continue to move stops for profits! Ethereum: Bounce short at 2230-2260, conservative entry at 2300-2330, stop loss around 2360, targets 2200-2170-2150, break targets 2100-2070, continue to move stops for profits! 3.20 Long Strategy Bitcoin: Pullback long entry at 68500-69000, stop loss around 68000, targets 70000-70500-71000, break targets 71500-72000-72500, continue to move stops for profits! Ethereum: Pullback long entry at 2070-2100, stop loss around 2040, targets 2140-2170-2200, break targets 2230-2260, continue to move stops for profits! Bassent revealed approximately 130-140 million barrels of sanctioned Iranian crude currently on the sea. The US may lift sanctions on these "floating oil" within days to allow market entry. This aims to suppress soaring oil prices. Multiple countries also explicitly stated they will escort vessels transiting the Strait of Hormuz! #美联储维持利率不变