Analyst Chen Shu: March 31 Bitcoin and Ethereum Market Strategy Report, yesterday's short position profits continue to look bearish today.

Yesterday's midday article analysis provided a short position at 8.35, with the price dipping to a low of 8.12, resulting in over 2000 points of profit. Ethereum rebounded to a high of 1850 and then dipped to 1780. Today's operation continues to look down at the 80,000 support level.

From the daily chart of Bitcoin, the price once again retraced yesterday, approaching the daily MA256 moving average at around 8.05. The trend remains weak and volatile, with a significant possibility of testing the 80,000 support level again. On the 4-hour chart, the price has been continuously declining along the MA10 moving average. It is recommended to short and look for a drop towards the 80,000 support.

From the daily chart of Ethereum, yesterday's movement was consistent with the article analysis, with the price breaking down to test the low point around 1750. With the amplitude decreasing, there is no upward trend. It is recommended to continue shorting.

Midday operation thoughts (written at 14:30):

BTC: Short at 8.26, add to short on a rebound at 8.32, target at 7.9/80,000; consider a short-term rebound for long positions at 80,000/78,000.

ETH: Short at 1818, add to short on a rebound at 1840, target at 1780/1750; short positions follow Bitcoin synchronously.

The daily analysis strategy has a very high win rate! Analysis is not easy, so I hope everyone can give a free follow, save, like, and comment. Thank you all, and feel free to leave comments below; I will reply to each one!

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