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Analyst Chen Shu: 3.6 Bitcoin and Ethereum volume decreased, looking for a pullback first during the day, rebounding to short, looking at a breakdown of 70,000.

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分析师陈树
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1 month ago
AI summarizes in 5 seconds.

Analyst Chen Shu: 3.6 Bitcoin Ethereum volume shrinking daily first look for a pullback, rebound short looking at 70,000 breaking point

Bitcoin from the daily chart looks like yesterday closed with a small bearish candle price retesting to the 7.05 line low point, in the short term looking at 4-hour level continuous small bearish candles, the pullback sentiment is relatively obvious, it is recommended to operate first looking for a decline, focus on the daily MA30 moving average line at 6.8, as well as 4-hour support at 6.9/6.75, it is expected that the pullback will break below the 70,000 line level, recommended to short on the rebound looking at the pullback.

Ethereum from the daily chart looks like yesterday also closed with a small bearish candle pullback, focus on the daily MA30 moving average line at 2000 line level for support, at the 4-hour level looking at continuous small bearish candles price losing the 2100 line, focus on the lower support at 2030/1980, at the 1-hour level looking for lower support at the MA256 moving average line at 1980 line, looking forward to the price retesting this support line during the day.

Afternoon operation thoughts (writing time: 15:00):

BTC: 7.08 short, rebound 7.18 add short, target 6.9/7.75; below 6.7/6/6 consider short-term rebound long position

ETH: 2080 short, rebound 2020 add short, target 2030/1980; below 1960/1930 consider short-term rebound long position

Daily analysis strategy win rate extremely high! Analysis is not easy, hope everyone can give a free follow, collect, like and comment, thank you all, welcome everyone to leave messages below, I will reply one by one

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Selected Articles by 分析师陈树

23 days ago
Analyst Chen Shu: On March 13, Bitcoin and Ethereum fluctuate and strengthen. If they rebound from support without breaking it, consider trying to go long.
24 days ago
Analyst Chen Shu: On March 12, Bitcoin and Ethereum continued to fluctuate within a narrow range, focusing on the breakthrough situation of the 70,000 pressure level.
25 days ago
Analyst Chen Shu: On March 11, focus on the breakthrough of the 7.05 resistance level for Bitcoin and Ethereum during the day, and pay attention to the breakthrough situation of the range.
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