3.24 Bitcoin and Ethereum Early Morning Analysis



Yesterday's rally was essentially emotionally driven by news stimulation. Yellow-haired guy's bullish remarks triggered a sudden influx of capital, but this type of market moves fast and leaves just as quickly, making it difficult to develop into a sustained trend. After the surge, high probability still oscillates and consolidates.

From a technical perspective, this rebound ≠ reversal. Although the 4-hour level pulled strongly, there's obvious pressure from consecutive upper wicks above, and price has never managed to close above the Bollinger upper band. Meanwhile, the Bollinger Bands overall remain opening downward, and the bearish structure hasn't been broken.

Operationally, Xiao Zhuge still recommends shorting on rallies as the main strategy, treating rebounds as opportunities to short. Keep close watch on key resistance levels.

Personal Recommendations:
Bitcoin: Enter short 71000-71500, target down to 70k, break below watch 69000, swing target 65000!
Ethereum: Enter short 2150-2180, target down to 2080, break below watch 2050, swing target 1900!
$GT $BTC #中东局势引发全球市场暴跌
GT1,05%
BTC3,75%
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