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3.14 Saturday Mufeng Market Brief Analysis
Yesterday, BTC broke through 71000 and surged to 73800 before facing resistance and pulling back. ETH moved in sync with strength.
Daily chart shows five consecutive green candles but notable selling pressure above. The 4-hour chart retraced to 71000 completing a top-bottom reversal. The major trend remains bullish with a strategy of buying on dips.
Operation Suggestions
BTC: Buy at 69000, Target 71000–71500
ETH: Buy at 2040–2060, Target 2150–2200