3.28BTC/ETH Market Analysis:



The market has once again fallen into oscillation. Yellow Hair calls for negotiations, Iran immediately issues denial, it's like playing house—truth is unclear, and the market seems to be in observation mode as well. Last night, I publicly gave 70,000 and 2,140 shorts with a minimum pullback to 68,900 and 2,102 level. Short-term can lick a small profit. The market keeps testing back and forth with repeated fluctuations, making it difficult to operate in the bigger picture. We can only reduce positions when there's profit and then switch to breakeven stops.

Bitcoin stopped falling from 59,800. Below that, an ascending trendline has formed. The pullback lows currently haven't broken below this trendline, so bears shouldn't be too optimistic. Shorts can only fade strength at highs, and mid-level short-term shorts should exit when seeing profit—just lick and run. On the 4-hour level, the Bollinger Band middle and upper bands are widening and rising. KDJ and RSI are turning up. After getting support at the middle band last night, it stopped falling and rebounded. On daily K, Bollinger Bands three lines are flattening and narrowing. Don't enter shorts too early. Don't underestimate the demand and strength of rebounds.

For evening operations: if looking for high shorts, watch the resistance at 72,500 and 74,000 to see the suppression situation. After hitting resistance at highs, shorts can enter accordingly. If looking for low longs, wait for pullbacks. If the 69,000 support holds, enter longs following the rebound process. These middle positions are not suitable for participating in operations!

Regarding Ethereum: if looking for high shorts, pay attention to daily K upper band resistance at 2,300 and previous high around 2,385. Only after hitting resistance at these highs can you enter shorts accordingly. If looking for low longs, watch for pullbacks testing the 4-hour middle band support at 2,100 level. If this holds without breaking, you can try entering long positions. #Gate正式接入Polymarket $BTC
BTC2.56%
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