March 21 Crypto Market Analysis

【Bull-Bear Dividing Line】
Strategy: ✅ shows weak performance, choose to observe ✅
【ETH & BTC】
Today I'll explain BTC's status with large and small cycle resonance charts (ETH trend referenced to Bitcoin)
1. Weekly chart shows obvious three-stage decline, KDJ low point has already broken the threshold of 20, with fractals at the bottom - this is certain, likely to reverse the downtrend.
2. On daily and 12-hour timeframes, it's obvious the price is in an overall uptrend within the price channel.
Coin price is oscillating near the trend line, 12-hour timeframe has already started probing the trend line with needles.
3. Find buy points on 1-hour chart for trading, don't give up easily. Require 1-hour closing price to break above MA55 before opening positions, stop loss can be placed at the bottom of the oscillation zone.
4. Don't rush into short positions, haven't yet formed a break below the uptrend of daily and 12-hour timeframes. Requirement: select short positions after solid bearish candles break below.
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