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March 23rd Monday - Mufeng Afternoon Market Analysis
The new week's market collapsed directly, with gold plummeting, Nikkei and Korean stocks crashing collectively, the Middle East situation continuing to escalate, and fund sentiment collapsing across the board. Early market movements aligned with our expectations - small rebounds followed by rapid declines. During morning live trading, I positioned two orders going long first then short, both hitting the marks perfectly, capturing over 1600 points on BTC combined.
Given the current market conditions, set technical analysis aside - whenever there's a rebound, short it. Don't rush to catch the bottom.
Personal Recommendations:
BTC: Enter short on 68500-69200, targets looking down to 67000, 66000
ETH: Enter short on 2070-2100, targets looking down to 1950, 1900