Bitcoin and Ethereum 3.13 Morning Market Analysis and Trading Suggestions



Daily timeframe has printed four consecutive bullish candles, with price breaking through previous highs. Currently, Bollinger Bands are gradually opening, with price trading near the upper band, maintaining an overall strong structure. From an indicators perspective, KDJ golden cross diverging upward, MACD dual lines continuing higher, volume moderately expanding, and short-term bulls dominating the market.

Worth noting: U.S. stocks opened and closed lower last night, yet Bitcoin showed no synchronized pullback, indicating strong support from continuous spot ETF inflows and artificially propped sentiment. However, maintain clarity: macro-level uncertainties remain, particularly geopolitical variables from Middle East tensions and Iran conflict potential. Should geopolitical tensions escalate, risk-off sentiment could intensify at any time, triggering pullbacks.

Although technicals look bullish, do not blindly chase higher. Recommend maintaining caution during rallies and monitoring pullback opportunities.

Bitcoin: Focus on pullback shorting, with rallies as secondary. Key levels: Enter short positions in the 71,500 - 72,300 range, targeting 70,000. If support holds, consider reversing to long positions.

Ethereum: Similarly watch for shorting opportunities. Enter short positions in the 2,120 - 2,150 range, targeting 2,060, capitalizing on short-term pullback opportunities. #比特币支撑阻力位分析 $BTC $ETH
BTC3,03%
ETH4,17%
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