I, a commoner, have been working hard in Nanyang, striving to survive in the chaotic market, not seeking fame in the cryptocurrency circle, but aiming to have a clear conscience. I really like a quote from Robert T. Kiyosaki, "The love of money is the root of all evil, and poverty is the root of all evil." I believe everyone in the cryptocurrency circle is here to profit. I hope that my market analysis in the coming days can help everyone gain a lot in the cryptocurrency circle. The sea of learning is boundless, and learning is endless. Continuously increasing one's knowledge and combining it with one's own trading habits is the only way to survive and achieve one's ambitions in the cryptocurrency circle.

First, let's analyze the recent market trends of Bitcoin, Ethereum, Audi, and ENS.

Bitcoin, Bitcoin has been fluctuating between 50500 and 53000, and the current price is still within the fluctuation range. There has been no breakthrough of the fluctuation range yet. As I mentioned before, KDJ + Bollinger Bands can be used for short-term trading within the fluctuation range, and the accuracy is very high. I previously mentioned that after a unilateral uptrend in the price of Bitcoin, a premium appeared, which is currently being gradually digested during the fluctuation process. Looking at the four-hour chart, the MA30 and MA60 have crossed the price several times, and the MA120 moving average is slowly moving upward. The anticipated pullback to 48000 has not occurred. Overall, the MA120 moving average support level on the four-hour chart is at the 50000 mark. If it falls below and does not recover, it will move to the daily chart level for a retracement. There are two support levels on the daily chart: 48000 and 43000. Due to the long cycle of the daily chart, it is difficult for the moving averages to recover, requiring a very long time. Therefore, the only way to achieve a recovery on the daily chart is through a price decline. However, from the trend perspective, the price only crossed the daily chart MA120 moving average at 28000. In this bullish market, it is difficult for the price to fall to the MA120 moving average at 43000. Looking at the hourly chart, there is currently a trend of retracement and decline. Although all three lines have fallen, the overall range has not been broken, so the longer the consolidation period, the better. Therefore, my suggestion is: for short-term trading, both long and short positions can be taken. Enter a short position at 52500 and a long position at 49800. Overall, the focus should be on the fluctuation.

Ethereum, Ethereum reached a high of 3140. Currently, Ethereum's daily chart still maintains an uptrend, undoubtedly bullish. Looking at the four-hour chart, Ethereum is in an upward channel, always following the MA30 moving average, showing very strong performance. Currently, it has not even touched the MA120 moving average, and the Bollinger Bands have been consistently following the upper band. The MA120 moving average support for Ethereum is at 2800, so if there is an opportunity to retrace to 2800, it is a good point to enter a long position, or for those who were trapped in the previous uptrend, it can be a point for averaging down. It is advisable to focus on opening long positions for Ethereum, and the eth/btc exchange rate has surged to around 0.06. Based on the exchange rate pattern, it may continue to surge. In addition, with the current Constantinople upgrade and the expectation of an ETF for Ethereum, the potential for Ethereum is much higher. Looking at the hourly chart, the short-term support is at 3000, which is still a good point for bottom fishing. Therefore, my suggestion is to enter a long position near 3000 and add to the position at 2800. The target is not clear yet, but it is definitely not the highest point.

Audi, Audi is currently priced around 63. Looking at the daily chart, it is in a downtrend. For spot purchases, it is advisable to enter at around 50. Looking at the four-hour chart, it has already fallen below the three lines, but the death cross of the three lines has not formed. Overall, I don't think there is much opportunity. Looking at the hourly chart, the trend is not ideal, as each rally does not exceed the previous high point, indicating a weakening trend. Therefore, my suggestion is: for short-term trading, use the RSI indicator to trade. It is advisable to focus on opening short positions and entering long positions at 50-51.

ENS, a domain name system based on the Ethereum blockchain. Due to Vitalik Buterin's recent statement about the importance of ENS for the Constantinople upgrade, which took place as scheduled on March 13, it is a short-term implicit positive for the L2 sector. From a technical perspective, ENS is currently at a high position. The 27.5 and 26 levels on the daily chart are relatively strong resistance levels. Based on the recent trend, it is considered average. If there is a desire for a higher level in the future, I think a major retracement is necessary. Simply pulling it up will face significant selling pressure. Looking at the four-hour chart, the three lines have crossed, and the trading volume has shrunk significantly, indicating a pending change. I do not oppose buying this coin because the potential is unpredictable, but buying this coin must be prepared to average down around 16. This ensures that even if the spot price falls, no money will be lost. Therefore, my suggestion is: for those holding spot positions, you can wait until mid-March. If you want to buy, prepare to average down when it falls, with a target around 16. As I mentioned before, it is difficult for a significant rise to occur without a major retracement for this coin.

All the above suggestions are personal opinions and do not constitute investment advice. The cryptocurrency circle is risky, so caution is required in trading.

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。