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$BTC $ETH Midday Analysis: March 13 at 12:40 PM
Yesterday I shared the subsequent outlook for Ethereum with everyone, and later that evening I placed a sleeping position that precisely caught the 2148 dip. Congratulations to all the friends who followed along! At Ruige's place, all profit-taking and stop-loss decisions will be reviewed in hindsight. Learn to respect the market; by summarizing and reviewing, you'll become stronger. For followers who choose to trust Ruige, I recommend studying Ruige's trading philosophy. Subsequent lessons will be provided periodically as complimentary courses. If you like the broadcast, please follow and take a look to see if it's worth subscribing! Thank you all for your support!
First, let's look at Bitcoin's daily chart closing at the 70288 level this morning. Key attention should be on the 74000 level subsequently. Today's support level to watch is 68600—if this level doesn't break, the weekly chart next week will likely hold steady and develop a new structural trend. Currently, Bitcoin's daytime bulls are relatively strong, having tested the 72200 resistance level and pulling back. Subsequently, Bitcoin remains focused on the 4-hour structural block running position: upper range 72270-76768, lower range 67822-63927. Nothing much to say for intraday trading—focus on pullback buying, with reference support around 70200-69600 moving upward. Defend at 1x risk!
Second, Ethereum's daily chart closed at the 2071 level. Ethereum's daily structural running has been ongoing for over a month, and these past two days are the critical period. Yesterday I mentioned that breaking the 2100 level would accelerate the move, with the affected position being around 2148. This level is a major cycle watershed. Holding this level subsequently will kick off a new round of bullish trend, while defending the 2010 level below. The structural running block range for the next 1-2 days: upper focus at 2151-2241, lower focus at 2066-1983. I recommend pullback buying intraday, with potential to move upward around 2066-2052. Defend at 1x risk. Wishing everyone good luck!
Note: Position sizing for given levels is recommended at 1%, this article is time-sensitive, real-time guidance follows the live room, personal opinion for reference only, compound with small positions, wishing everyone good luck! #比特币站上七万美元 #Gate广场AI测评官 #BTC走势分析 #ETH走势分析