Wednesday, March 13, 2024
After a late-night pullback, pay attention to the fact that the bullish trend has not changed
① 19:00 US MBA Mortgage Applications Index for the week ending March 8
② 19:00 US MBA Mortgage Purchase Index for the week ending March 8
③ 23:30 US 4-month Treasury Auction - Accepted Yield as of March 13
- Daily chart: After breaking through the 62000 level, the price continued to rise. If the subsequent pullback does not break this support, the upward trend will continue.
- 1-hour chart: After a short-term breakthrough above the 70000 level, there was a pullback. If the subsequent pullback does not break this support, there will be a continued upward trend.
II. Ethereum
- Daily chart: After breaking through the 3500 level, the price continued to rise. If the subsequent pullback does not break this support, there will be a continued upward trend.
- 1-hour chart: After a short-term breakthrough above the 3900 level, there was a pullback. If the subsequent pullback does not break this support, there will be a continued upward trend.
I. Bitcoin
- Yesterday's view:
Summary: After a short-term breakthrough above the 70000 level, there was a pullback. If the subsequent pullback does not break this support, there will be a continued upward trend. Resistance above is at 74400 and 77000;
If it breaks below, a pullback trend will unfold, with support below at 67000 and 64000.
- Future trend:
After the pullback in the future trend failed to break below the 70000 level, it rebounded again, reaching a high of 73370.
II. Ethereum
- Yesterday's view:
Summary: After a short-term breakthrough above the 3970 level, there was a pullback. If the subsequent pullback does not break this support, there will be a continued upward trend. Resistance above is at 4200 and 4350;
If it breaks below, a pullback trend will unfold, with support below at 3770 and 3600.
- Future trend:
After the pullback in the future trend broke below the 3970 level, it rebounded again, reaching a low of 3831.
I. Bitcoin
Summary: After a short-term breakthrough above the 70000 level, there was a pullback. If the subsequent pullback does not break this support, there will be a continued upward trend. Resistance above is at 74400 and 77000;
If it breaks below, a pullback trend will unfold, with support below at 67000 and 64000.
II. Ethereum
Summary: After a short-term breakthrough above the 3900 level, there was a pullback. If the subsequent pullback does not break this support, there will be a continued upward trend. Resistance above is at 4200 and 4350;
If it breaks below, a pullback trend will unfold, with support below at 3770 and 3600.
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