3.17 Tuesday Evening Market Analysis by Mufeng



Bitcoin's recent price action shows a very clear structure - standard oscillation uptrend with extremely strong trend continuity and clean bullish momentum.

On the 4-hour timeframe, the Bollinger Bands are opening upward with price steadily trading above the middle band. Lower lows are continuously rising, and the complete uptrend channel remains intact. MACD continues to expand volume above the zero line, with sufficient bullish energy still present.

Current market conditions are still dominated by bulls. Trade with the trend - pullbacks are opportunities for low entries. Avoid shorting against the trend.

Trade Recommendations

Bitcoin: Long in the 72700–73200 range, targeting 75000, 76000

Ethereum: Long in the 2270–2300 range, targeting 2380, 2450
BTC1.03%
ETH1.85%
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