Comparison
It's like you're a small snowball, and there's a starting point in the snowy forest. You're not sure which way to roll. But you might as well start rolling, anyway, there's snow everywhere, and rolling anywhere will make you thicker. You may have taken a detour, or later found that the direction was wrong, but you eventually became stronger and turned into a big snowball. After getting bigger, roll to where you want to go, and you'll always be faster.
Strategy Review
Yesterday's BTC recommendation: long at 64750-64450, successfully activated in the evening of yesterday, the market touched the 64580 level and rebounded, reaching a high of 68800, with a profit potential of over 4000 points in the short term. Congratulations to friends who followed.
Bitcoin Market Analysis
On the daily chart, the candlestick on March 4th formed a solid bullish candle, while the candlestick on March 5th is currently a hanging man bearish candle. After touching the 68800 level, the market fell back and is currently under pressure below the previous high. The KDJ indicator's three lines are running above the 90 axis, and the MACD indicator's red solid momentum column is shrinking. From the daily trend, the market has not been able to break through the previous high in one go, and there is strong resistance above. After a rapid rebound following a pullback to the support level of 44500, it proves that there is strong support below. Overall, the market is still in a bullish trend. In the short term, after 10 consecutive bullish candles on the 4-hour chart, the market formed a doji bearish candle after reaching the high of 68800, and after a rapid decline following the appearance of an evening star, the good news is that the pullback did not break the support level of 64500. Currently, the market is mainly forming a trend of bottom reversal. In summary, the market is in the high-level absorption stage, and the next rise is likely to break through the previous high of 69200. It is recommended to focus on long positions.
BTC Strategy
Long at 65800-66200
ETH Strategy
Long at 3630-3655
Often, it's the last key that opens the door.
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