3.13 Bitcoin e Ether Early Session Strategy

Bitcoin Daily Analysis: The daily chart shows four consecutive positive candles. Early session price broke through previous highs with strong momentum. Bollinger Bands are starting to gradually expand, with price consistently trading below the upper band. Overall structure remains strong. On the technical indicators side, KDJ has formed a golden cross again with upward momentum, MACD double lines continue diverging upward, volume shows modest expansion, and short-term bulls maintain the initiative.
However, it's worth noting that US stocks opened and closed lower last night, yet Bitcoin did not show corresponding pullback momentum. This is primarily driven by continued inflows of spot ETF capital buoying market sentiment artificially.
That said, macro uncertainty persists. Middle East tensions and Iran conflicts remain potential variables. As long as the situation continues to develop, risk-off sentiment could intensify at any time, and price pullback could occur at any moment. While technicals lean bullish, I remain cautious about chasing rallies on spikes.
Personal Recommendations:
Bitcoin: Enter short between 71,500-72,300, target down to 70,000, if support holds reverse to long
Ether: Enter short between 2,120-2,150, target down to 2,060, if support holds reverse to long
$BTC $GT $ETH #Gate2月衍生品市场份额创新高 #Bitcoin Support and Resistance Level Analysis