Saturday, March 2, 2024
High-level oscillation begins, are the bulls still not giving up?
The weekly trading volume of the US spot Bitcoin ETF is approximately $22 billion.
Extra: Crazy ETFs have created crazy trends~
Grayscale Report: Stubborn inflation and delayed rate cuts may hinder the rise in cryptocurrency valuations.
Extra: A bit of bad news has emerged amidst the myriad of good news~
- Daily Chart: After breaking through the $58,000 level, the price continued to rise. If there is no break below this support in the later period, the upward trend will continue.
- 1-hour chart: After a short-term breakthrough above the $60,500 level, the price maintained oscillation above it. If there is no break below this support in the later period, there is still a trend of continued upward movement.
II. Ethereum
- Daily Chart: After breaking through the $3,200 level, the price continued to rise. If there is no break below this support in the later period, there is still a trend of continued upward movement.
- 1-hour chart: After a short-term breakthrough above the $3,300 level, the price maintained oscillation above it. If there is no break below this support in the later period, there is still a trend of continued upward movement.
I. Bitcoin
- Yesterday's view:
Summary: After a short-term breakthrough above the $59,000 level, the price maintained oscillation above it. If there is no break below this support in the later period, the upward trend will continue. Resistance above is at $64,300 and $67,000;
If there is a break below, a pullback trend will unfold, with support below at $56,700 and $54,400.
- Later trend:
The later trend saw a slight pullback without breaking below the $59,000 level, reaching a high of $63,199.
II. Ethereum
- Yesterday's view:
Summary: After a short-term breakthrough above the $3,250 level, the price maintained oscillation above it. If there is no break below this support in the later period, there is still a trend of continued upward movement. Resistance above is at $3,580 and $3,730;
If there is a break below, a pullback trend will unfold, with support below at $3,090 and $2,945.
- Later trend:
The later trend saw a slight pullback without breaking below the $3,250 level, reaching a high of $3,464.
I. Bitcoin
Summary: After a short-term breakthrough above the $60,500 level, the price maintained oscillation above it. If there is no break below this support in the later period, the upward trend will continue. Resistance above is at $64,300 and $67,000;
If there is a break below, a pullback trend will unfold, with support below at $56,700 and $54,400.
II. Ethereum
Summary: After a short-term breakthrough above the $3,300 level, the price maintained oscillation above it. If there is no break below this support in the later period, there is still a trend of continued upward movement. Resistance above is at $3,580 and $3,730;
If there is a break below, a pullback trend will unfold, with support below at $3,090 and $2,945.
Join the Pionex community to enjoy the following services:
Morning video explanations updated daily;
Daily updated textual viewpoints;
Technical indicator analysis and answers in the group;
Long and short strategy layout for the medium and long term;
High-winning rate short-term trading strategies for the day;
Trading system long and short signals reference software authorization;
Enjoy lower transaction fees by joining the community for practical trading;
One-on-one or one-on-many guidance and answers (by appointment);
Multiple learning courseware packages to bid farewell to incomprehension;
Multiple analysts (lecturers, practical teachers) to guide you through the world of cryptocurrencies, with seven live courses daily.
(Service content is continuously updated…)
免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。
