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Bitcoin and Ethereum Afternoon Trading Suggestions and Trend Analysis:
Weekend market volatility has narrowed, with bulls showing weakening upside momentum. At this stage, blindly chasing highs is not recommended. Focus on range-bound trading with high selling and low buying as the main strategy, and pay attention to any sudden news developments.
Bitcoin: Short near 70800-71300, target 70000-69500
Conversely, long near 69500-70000, target 70800-71300.
Ethereum: Short near 2160-2180, target 2120-2100
Conversely, long near 2100-2120, target 2160-2180.
The public outlook is provided for direction
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3.21 Saturday Morning Bitcoin Strategy
The weekend arrived in the blink of an eye, wishing all friends a pleasant time ahead. Yesterday's market movements were relatively mild, trading within a range with a high of 713 and a low of 693, providing profit opportunities for both shorting highs and longing lows.
Under current ranging sentiment, there are no obvious bullish or bearish signals. Combined with the slower market pace over the weekend, the strategy focuses on short-term trading, operating high shorts and low longs around the 710-690 zone. With no effective breakout from the range, intra
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# Bitcoin and Ethereum Market Analysis and Trading Suggestions - Evening of 3.20
From a technical standpoint, the 70000 level serves not only as a psychological whole number barrier but also reinforces support from the previous dense trading zone. The fact that price has held firm at this level itself demonstrates that bulls have not abandoned their resistance. More importantly, after digesting selling pressure, the market has not experienced further collapse but instead is attempting to establish a new attacking position. This defensive-turned-offensive posture often precedes the opening of a
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# 3.20 Afternoon Bitcoin and Ethereum Market Analysis and Trading Recommendations
**Daily Level Analysis**
From a daily perspective, Big Bitcoin experienced a pullback after testing resistance yesterday, with momentum showing some weakness. However, the price did not break further downward but stabilized above the middle band of the Bollinger Bands, demonstrating strong support. Currently, short selling momentum has significantly weakened, with downward pressure gradually exhausted. The daily structure remains in a strong trend zone, with the Bollinger Bands middle band serving as the key supp
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Bitcoin's short-term performance, though pressured by the downtrend line, has validated effective support at the 68,750 low, with the rebound structure remaining intact. 71,500 represents only local resistance; once broken through, it will accelerate upside exploration toward higher targets, as bulls are brewing a new round of offensive.
Price has gradually risen following repeated consolidation in the 68,750 zone, with notably weakened pullback strength and sustained buying interest at lower levels.
After sufficient digestion of selling pressure, once a breakout with volume expansion forms, t
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3.19 BTC and ETH Evening Analysis
Brothers, many people got shaken out in this wave, but I, Xiao Zhuge, want to say that the more situations like this, the easier opportunities emerge.
Looking at the 1-hour and 4-hour structure, although the price is currently under pressure near 69K, the key point to watch is:
First, the bears are accelerating the release of emotions and are already close to the limit.
The 1-hour level shows continuous bearish candles with MACD death cross and volume expansion, but it's already entering the exhaustion zone. This decline is not the start of a trend but the tai
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Bitcoin has broken below 70,000, showing an overall weakening trend with cautious market sentiment. In such market conditions, it's even more important to maintain contrarian thinking—when others panic, we should deploy more rationally.
SOL has shown limited volatility recently, mainly affected by weakening liquidity, with the price breaking below the $100 level. In the short term, consider going long around 86, targeting the 92-95 range.
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# 3.18 Wednesday Daily Summary
The bears are roaring, and following the trend with five consecutive short positions have achieved a perfect closing. Nature has cooperated, and the market has performed even better. With unwavering bearish sentiment maintained daily, today's full lineup profit targets were realized. All swing and short-term positions were captured, with internal partners achieving consecutive wins.
**Trade Results:**
- BTC short 74578-73825, profit 753 points
- BTC short 74196-73228, profit 968 points
- ETH short 2349-2269, profit 80 points
- BTC short 73172-72220, profit 952 po
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Recent market decline has led to continuous consolidation around 74,000. The daily chart remains within a wedge pattern, and the overall upward momentum has slowed somewhat. However, the OBV indicator continues to expand, indicating that buying volume is steadily accumulating. The likelihood of an upward breakout is relatively high. Once a breakout is successfully achieved, it may challenge the 78,000-79,000 range. At that time, it will face resistance from previous highs, so a trend reversal cannot be confirmed yet.
In the short term, the market is in a high-level consolidation pattern, with
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Tuesday, morning rally brings no good news, Euro fails to break resistance and US falls!
Today's high point has already formed in early trading, and the afternoon European session failed to break above and extend higher. Therefore, the subsequent market outlook is heavily bearish, you can confidently short now. You can appropriately enter the 75000-76000 zone for swing trades! As mentioned earlier, the 73000+ longs I provided have perfectly reached their profit targets. Regardless of where you placed your pending orders, the 76000 zone is also the absolute limit.
So this afternoon with 76000 a
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