3.27 Bitcoin and Ethereum Trend Analysis and Trading Ideas!

CN
5 days ago

Currently, from the daily chart perspective, the market has been steadily rising and has started to pull back with a bearish candle. The resistance level for Bitcoin is around 88500-89000, while the support level is around 86500-87000. It is still in a narrow range of oscillation and correction. If it breaks upwards, it will test the 90000-91000 level again, but this does not indicate a complete trend reversal. The strong resistance at 92000-94000 is key; if it can break through, the market will welcome a new round of increases. Ethereum has also steadily risen to around 2100 before starting to pull back, with resistance at 2050-2100 and support at 2000-1980. If it continues to break upwards, it could reach the 2200-2250 range. The previous decline was significant, and it is still quite far from a key trend reversal, so we will take it step by step!

From the 4-hour chart perspective, there is pressure above and support below, with Bitcoin at 88500-86000 and Ethereum at 2100-2000. Although the oscillation range is relatively narrow, there is an overall trend of retracement. For subsequent short-term operations, it is advisable to focus on shorting at high levels while waiting for a breakout!

Operational strategy: Short at high levels!

Currently, short Bitcoin at 87000-87500, targeting 86000-85000, with a stop loss above 88500;

Currently, short Ethereum at 2020-2040, targeting 1980-1950, with a stop loss above 2070;

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

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 operational strategies!

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