3.31 Bitcoin and Ethereum Market Trend Analysis and Trading Suggestions!

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2 days ago

Trading Philosophy: Look for trends in the long term, find entry points in the short term;

Technical Analysis: For Bitcoin, the daily chart has been closing with consecutive bearish candles around 82300, the Bollinger Bands are starting to slightly open, the MACD moving averages are beginning to flatten and move downwards, bullish volume continues to decrease, and the KDJ line continues to move downwards. On the 4-hour chart, the Bollinger Bands are starting to close downwards, the MACD moving averages are beginning to flatten and move upwards, bearish volume is starting to decrease, and the KDJ line is moving upwards;

For Ethereum, the daily chart has been closing with consecutive bearish candles around 1800, the Bollinger Bands are starting to flatten, the MACD moving averages are flattening and moving upwards, bullish volume continues to decrease, and the KDJ line continues to move downwards. On the 4-hour chart, the Bollinger Bands are starting to close downwards, the MACD moving averages are beginning to flatten and move upwards, bullish volume is starting to show, and the KDJ line is starting to move upwards;

Currently, the market is generally continuing to pull back to the previous low levels, and subsequent operations suggest trying to go long at low levels!

Operation Suggestion: Go long at low levels!

Long Bitcoin at 81200-81600, target 83000-84000, stop loss at 80500;

Long Ethereum at 1770-1790, target 1850-1900, stop loss at 1740;

The strategy is time-sensitive, please refer to private real-time guidance for specifics!

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