Yue Ying: Technical Analysis of Bitcoin and Ethereum on 3.15 - All Short Positions Realized, Latest Short-term Reference Attached



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Bitcoin Technical Analysis————

The short position at 73200 given in the previous article for Bitcoin has realized approximately 3000 points of profit. From the daily perspective, after the price surged higher, it retracted into high-level consolidation, with intraday opening continuing narrow range trading. The Bollinger Bands are slightly opening, short-term moving averages running upward, MACD fast and slow lines running upward with volume columns expanding, KDJ crossing upward running, VR indicator consolidating around the 115 value. On the 4-hour chart, price is running upward with oscillation, Bollinger Bands slightly contracting upward, short-term moving averages turning upward, MACD fast and slow lines crossing upward again after turning with volume columns turning red and slightly expanding, KDJ extending upward, note the resistance near 100 value, VR indicator consolidating around 120 value. Overall, after Friday's price surge faced resistance, the weekend entered oscillation adjustment. Although the structure leans bullish, resistance above still needs observation. In the short term, continue to observe the break of the previous high, with support around 70000 below. See short-term suggestions.

Bitcoin Short-term Suggestion: 73200 short, 70600 long (activate strategy with profits at your discretion)

Ethereum Technical Analysis————

The 2180 short given in the previous article for Ethereum encountered resistance around 2200 and retreated, with the price movement around 140 points, strategy realized about 120 points, the trend matched expectations. Overall technical surface linked to Bitcoin as reference, short term reference around previous high to establish position, support focus above 1980, short term rely on range operation first, adjust after breakout. See short-term suggestions.

Ethereum Short-term Suggestion: 2150 short, 2030 long (activate strategy with profits at your discretion)

——I'm Zhou Yueying, a teacher focused on technical analysis. Friends with any questions about operations or trends can communicate and learn together with me! Communicate together, profit together! #BTC #ETH
XRP1,43%
HYPE-3,11%
SOL1,11%
ETH1,27%
BTC1,05%
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