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Yueying: 3.15 Bitcoin Ethereum Today's Market Analysis - All Short Positions Cashed Out + Latest Short-term Reference
I am Zhou Yueying, friends who like articles please follow, and watch today's sharing!
Bitcoin Technical Analysis————
The short-term strategy of 73200 shorting given in the previous article for Bitcoin has yielded approximately 3000 points of profit. On the daily chart, after the price surged higher, it entered high-level consolidation with a reverting wick. Intraday opening continues to maintain narrow-range movement, with Bollinger Bands slightly opening and short-term moving averages running upward. MACD fast and slow lines running upward with volume columns expanding. KDJ crossing upward, VR indicator consolidating around 115 level. On the 4-hour chart, price action is running upward with consolidation, Bollinger Bands slightly contracting upward with short-term moving averages turning upward. MACD fast and slow lines crossing upward again after turning with volume columns turning red with slight expansion. KDJ extending upward, pay attention to resistance near 100 level. VR indicator consolidating around 120 level. Overall, after Friday's price surge faced resistance, the weekend entered oscillatory adjustment. Although the structure is biased toward strength, resistance above still needs observation. In the short term, continue to observe the breakthrough of previous highs, with support around 70000 below. See short-term suggestions.
Bitcoin Short-term Suggestions: 73200 short, 70600 long (activate strategy with profits, manage yourself)
Ethereum Technical Analysis————
The 2180 shorting given in the previous article for Ethereum faced resistance around 2200 and pulled back. Price action saw approximately 140 points of movement with strategy cashing out around 120 points, trend aligned with expectations. Overall technical surface linkage references Bitcoin. In the short term, establish positions around previous highs, focus on support above 1980, short-term first relies on range operations, adjust after breakdown. See short-term suggestions.
Ethereum Short-term Suggestions: 2150 short, 2030 long (activate strategy with profits, manage yourself)
——I am Zhou Yueying, a teacher focused on technical analysis. Any friends with questions on operations or trends can exchange and learn operations with me! Communicate together, profit together! #BTC #ETH