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Thursday🗓️ "March 19"
The market has already shifted downward; caution is advised in operations...
Bitcoin's daily K-line closed with a large bearish candle, breaking below the short-term upward channel, forming a "lower high and lower low" bearish pattern. Ethereum moved in tandem with Bitcoin's decline but with a larger drop, indicating more severe capital outflows. Short-term bears are currently in control.
Pay close attention to tonight's US stock market opening. If US stocks continue to fall, it may further increase selling pressure in the crypto market...
$BTC Short-term focus for BTC: whether it can hold above 69,000.
If broken, it is likely to test 66,000.
$ETH Watch if Ethereum (ETH) can hold the 2150 support level; if it breaks, focus on the 2000 round number.
⚠️ Special Reminder:
Given the clear bearish trend, it is recommended to primarily adopt a "short on rallies" strategy. "Observe more, act less, and keep positions light for testing." Adjust your strategy promptly based on real-time market signals. Specific price points are subject to live updates from the trading desk.