Good evening everyone, I am Xin Ya. The thoughts from yesterday are as follows, well executed.

The night market on March 10 had nothing noteworthy, around nine thirty in the evening, there was selling pressure around 70800 for Bitcoin. At this point, the MACD indicator's fast and slow lines and histogram are all above water, and the KD and RSI dual indicators on a fifteen-minute scale are also looking good. This selling pressure is a destruction of the indicators, or rather a blow to the upward momentum. Bitcoin strongly rebounded to around 71800 after a pullback to 69200. These two positions are important levels mentioned by Xin Ya!! Four consecutive hourly bearish candlesticks brought the price back to the 70,000 level, and the price during the day fluctuated in a narrow range of 69000-70000, with weak trading volume.

Due to the significant reduction in the strength of the second rebound at 69200, it is expected to remain volatile in the short term. Currently, the one-hour EMA120 and EMA144 are still around 69000, while the four-hour EMA is around 69200. The moving averages are getting closer, and it is highly probable that the market will oscillate up and down around the moving averages. The current one-hour KDJ has already golden crossed, and the price is above the daily EMA30 at 69800, just touching the upper band of the one-hour Bollinger Bands. The short-term pressure will average around 71200, between 70500 and 71800. The short-term support is still around 68800. The key points to watch are 69200, 68500, and 67500.

According to Xin Ya's tendency, the market will only have technical inducement. It will first oscillate in the range of 69200-71500, then return to oscillate around the center at 68500 to induce shorts and accumulate again, which is the highest profit path for both sides. For short positions, the stop loss only needs to be placed at the previous high of 71850.
The Ethereum market on March 10 followed Bitcoin. From ten to twelve o'clock, the three hourly candlesticks clearly showed a divergence in volume and price. The subsequent three hourly bearish candlesticks wiped out the bulls' confidence, and the future market's consolidation can be disregarded. The positions to watch are 2085, 2112, with lower levels at 2008 and 1988. It is expected that the market will oscillate in a large range of 1988-2088 in the future. In operations, align with Bitcoin's important areas for entry and exit, and trade the oscillation.

In sync with the industry, official account: Xin Ya talks about Chan

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