3.7 Bitcoin and Ethereum Trend Analysis and Trading Ideas!

CN
2 days ago

Looking at the daily level, Bitcoin and Ethereum have both recovered from the bearish candles. The resistance levels are 91000-92000 and 2200-2250, which have not been broken through. The support levels are 87000-84000 and around 2100. On the 4-hour chart, the market shows a gradual downward trend and is overall in a consolidation phase. The short positions set up last night have also successfully taken profit, and it is recommended to continue shorting!

Trading strategy: Continue to short and look for a pullback!

Currently short Bitcoin around 88000, with a target of 86000-84000. If it breaks, look for 82000, with a stop loss above 90000;

Currently short Ethereum around 2190, with a target of 2100-2050. If it breaks, look for 2000, with a stop loss above 2250;

The strategy is time-sensitive, please refer to the main page for details, and prioritize private real-time guidance!

Professional team gold medal analyst Ruo Yu focuses on contract trading guidance. Follow the WeChat public account "Coin Circle Ruo Yu" to understand real-time market analysis and trading strategies!

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