Pionex: Bitcoin 3.17 Latest Market Analysis
Article Published on 2025.3.17—04:15
The current price of Bitcoin is 83,000, which ultimately aligns with what Pionex predicted. How many of you have captured Pionex's real-time strategies? Without boasting, Pionex lets the results speak for themselves. Currently, the K-line pattern shows significant selling pressure above, and the daily chart has formed a small head and shoulders pattern, with the neckline around 83,200. The 4-hour MACD may continue to adjust in the short term, and the EMA indicates a weak downward trend, so the short position at 85,000 can be held to see the previous low. After reaching the previous low, we will assess the strength and weakness to plan for a long position.
Today's Pionex Price Predictions
- Long Entry: 81,000, Add Long at 80,000, Stop Loss at 79,500, Target 84,000
- Short Entry: 85,000, Add Short at 85,500, Stop Loss at 86,000, Target 82,000
Ethereum Analysis
The market is indeed quite frustrating; it’s tough for us professionals as well. The awaited short trend has arrived, but the space is limited, with less than a hundred points of movement. In the end, only half of the profits were taken, leaving a bit of the base position. After breaking the previous high, we will add to the position for adjustment. The K-line is fluctuating within the range of 1,880 to 1,940, forming a consolidation phase where there is strong selling pressure and buying interest. The MACD bearish strength is weakening, and the EMA shows a short-term downward trend but indicates signs of bottoming out. The strategy is to continue holding the short position and prepare to go long after hitting the bottom.
Today's Latest Price References
- Long Entry: 1,830, Add Long at 1,800, Stop Loss at 1,750, Target 1,900
- Short Entry: 1,975, Add Short at 2,000, Stop Loss at 2,030, Target 1,830
The above analysis is based on market data and trend analysis from the order book by Pionex and does not constitute investment advice. It is for reference only. Over the past ten years, Pionex has continuously explored and experienced hundreds of different digital assets. Throughout this process, Pionex has witnessed the brilliance of bull markets and the gloom of bear markets, accumulating countless valuable experiences and profound lessons along the way. As a female trader striving in this challenging field, Pionex feels a responsibility to share her insights, hoping to help others with dreams find their place in this unpredictable market and embark on their own successful journey.
The content of this article is time-sensitive and for reference only; risks are borne by the reader.
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