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Bitcoin and Ethereum Latest Market Analysis and Trading Recommendations: 3/24
Current price consolidating around 71000. The morning 71500 short position has moved out of room, midday bounced back to test 70000 low, currently rebound lacks momentum, short-term rebound ended.
Technical Analysis: Four-hour chart rejected at higher levels and turned to decline, hourly Bollinger Bands narrowing and breaking below midline, indicators showing convergent downward signal, short-term bias weak.
Main Trading Rhythm: Continue following the trend with shorts as the dominant strategy.
Upper key resistance at 71500-72000, decisive shorts if not broken. Aggressive traders can scale into short positions in lighter lots around 71000, stop loss above 72000. Lower targets looking at 69000-68000.
Ethereum short around 2170-2190, targets at 2120-2080 range.
Maintain patience, focus on shorting at highs, targets moving downward. Wishing continued profits on short positions! #BTC突破71000美元 #加密市场回涨 #特朗普对伊朗军事打击推迟五天