BTC surged to 71,377 intraday before facing selling pressure and declining. Evening saw continuous selling pressure from bears, with the lowest test near 69,281; ETH weakened in sync with relatively modest losses. We deployed high-level short strategies in advance, with both coins fully profiting and precise rhythm control.
From a chart perspective, the daily level broke below the Bollinger Band midline, pierced the 70,000 round number, with a clear short-term weakness trend; the 4-hour level formed a double-top structure, with consecutive upper wicks and three consecutive bearish candles, displaying bearish technical patterns. News impact is only short-term disturbance; subsequently the market will ultimately revert to technical trends. Yifan maintains unchanged high-short bias for the subsequent market.
Operationally, Yifan suggests entering short positions when BTC rebounds near the 70,800-71,600 range, targeting downside at 69,300-67,800. If it breaks below, looking further down to 65,800; ETH can enter short positions when it rebounds near the 2,160-2,200 range, targeting downside at 2,100-2,010.
Yifan March 25 Morning Analysis
BTC surged to 71,377 intraday before facing selling pressure and declining. Evening saw continuous selling pressure from bears, with the lowest test near 69,281; ETH weakened in sync with relatively modest losses. We deployed high-level short strategies in advance, with both coins fully profiting and precise rhythm control.
From a chart perspective, the daily level broke below the Bollinger Band midline, pierced the 70,000 round number, with a clear short-term weakness trend; the 4-hour level formed a double-top structure, with consecutive upper wicks and three consecutive bearish candles, displaying bearish technical patterns. News impact is only short-term disturbance; subsequently the market will ultimately revert to technical trends. Yifan maintains unchanged high-short bias for the subsequent market.
Operationally, Yifan suggests entering short positions when BTC rebounds near the 70,800-71,600 range, targeting downside at 69,300-67,800. If it breaks below, looking further down to 65,800; ETH can enter short positions when it rebounds near the 2,160-2,200 range, targeting downside at 2,100-2,010.
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