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📊 March 10 Cryptocurrency Market Analysis & Short Selling Strategy
BTC 🪙: Short-term rally to near the upper Bollinger Band, bullish momentum gradually weakening. 69,500 is a short-term strong resistance. If volume increases but price stagnates, a pullback may begin. Falling below 68,800 could lead to a test of 68,300 support.
ETH ⚡: The broader market is relatively weak, with the price facing clear resistance at the upper Bollinger Band at 2035. If it cannot break through, it will pull back with BTC. Falling below 2000 will open the downside space.
🎯 Bitcoin short selling strategy: Short at 69400-69600, target 68800-68500, stop loss 70000
🎯 Ethereum short selling strategy: Short at 2030-2040, target 2000-1985, stop loss 2060