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3.17 Tuesday Latest BTC.ETH Strategy
We reminded everyone yesterday morning about the 7.4 breakdown - not sure how many people took it seriously and acted on it. The bullish sentiment is still running high, but we can't get too carried away - defensive positions need to be in place!
On the daily timeframe, continuous positive closes and steady uptrend are approaching the wedge upper rail. After yesterday's consolidation, we've effectively broken through the 745 swing pivot, and the structure has turned completely bullish, opening up room to challenge 80,000-90,000. The current wedge awaits a breakthrough; once we stabilize above the upper rail, the next target is directly at 78,000. Short-term incremental momentum is clear, and without massive volume exchange, significant pullbacks are unlikely. In terms of operations, follow the trend; dips present buying opportunities.
BTC 74,200-75,200 support, ↑76,500, 78,000;
ETH 2,310-2,340 support, ↑2,400, 2,460.
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