3.30BTC/ETH Market Outlook:
Good morning everyone, a new week begins. We've been on quite a roller coaster lately, and honestly, it's been a long time since I’ve been able to update daily. The market remains the same—whether it’s going up or down, every day there are many people getting liquidated. Early this morning, the price experienced a roller coaster, first dropping from around 66,700 to 64,900, then quickly rallying back up to around 67,000. Rumor has it that this move liquidated the long positions of Commander Maji again—unlimited bullets mode, envy is not allowed, just be reckless. Last Friday, I gave a high-level outlook: Bitcoin at 66,600 and Ethereum at 2,010. If you set partial take profits, I believe you could have taken some gains. Here, I’m just sharing a market perspective for reference; specific operations still depend on your own judgment. As always, risk control is king!
Bitcoin’s weekly K-line has closed with two consecutive down weeks. Unfortunately, the strong support at 65,000 has not been broken, so the price cannot go lower, and the downside space remains limited. The daily K-line shows four consecutive large red candles, breaking below the middle band support, repeatedly testing the lower band support, with Bollinger Bands opening downward, indicating potential further downside. On the short-term 4-hour chart, after a long lower shadow broke below the lower band support, it quickly recovered. The large bullish candle that closed immediately pulled the price back up. Indicators show KDJ and RSI turning upward, and MACD is in bullish momentum with increasing volume. On the hourly chart, the price is currently testing the upper band resistance, with KDJ and RSI turning upward, and MACD showing bullish momentum.
This morning’s rapid rally was influenced by the “Yellow Hair” pattern, which caused the indicators to show a strong rebound demand. However, the overall trend remains bearish, and the price has not shown a clear upward move. The rebound from 64,900 to around 67,500 is about 2,600 points. Intraday, it’s not advisable to chase the rally. The sudden price surge causes indicator lag, and chasing at this point risks hitting the ceiling. The intraday strategy is mainly to look for short positions, with resistance levels at 67,500, 68,500, and the 70,000 mark. These are key levels to watch for short entries. Support levels are at 66,000 and 65,000. Only if the price breaks below 65,000 can the market open up space for a new big drop, with potential targets at 64,000 and 62,000.
For Ethereum, focus on resistance at 2,040, 2,080, and 2,120. Short positions can be considered around these levels. Support levels are at 2,000, followed by 1,950 and 1,900.
There are no 100% correct trades, but we must adhere to the 100% principle: strict stop-loss on wrong trades, protecting capital on correct trades, and using moving stops to maximize profits. That’s the risk-reward ratio! Say goodbye to luck, indecisiveness, hesitation, cherry-picking trades, taking small wins and running, or holding on to big losses—these habits are common but unproductive. We all know this is human nature, and it’s hard to change. Only a small percentage of traders who strictly follow their principles can make consistent profits. I hope this gives some friends who are still confused and unsure how to profit some insight. Let’s work together to improve and progress. #成长值抽奖赢金条 $BTC
Good morning everyone, a new week begins. We've been on quite a roller coaster lately, and honestly, it's been a long time since I’ve been able to update daily. The market remains the same—whether it’s going up or down, every day there are many people getting liquidated. Early this morning, the price experienced a roller coaster, first dropping from around 66,700 to 64,900, then quickly rallying back up to around 67,000. Rumor has it that this move liquidated the long positions of Commander Maji again—unlimited bullets mode, envy is not allowed, just be reckless. Last Friday, I gave a high-level outlook: Bitcoin at 66,600 and Ethereum at 2,010. If you set partial take profits, I believe you could have taken some gains. Here, I’m just sharing a market perspective for reference; specific operations still depend on your own judgment. As always, risk control is king!
Bitcoin’s weekly K-line has closed with two consecutive down weeks. Unfortunately, the strong support at 65,000 has not been broken, so the price cannot go lower, and the downside space remains limited. The daily K-line shows four consecutive large red candles, breaking below the middle band support, repeatedly testing the lower band support, with Bollinger Bands opening downward, indicating potential further downside. On the short-term 4-hour chart, after a long lower shadow broke below the lower band support, it quickly recovered. The large bullish candle that closed immediately pulled the price back up. Indicators show KDJ and RSI turning upward, and MACD is in bullish momentum with increasing volume. On the hourly chart, the price is currently testing the upper band resistance, with KDJ and RSI turning upward, and MACD showing bullish momentum.
This morning’s rapid rally was influenced by the “Yellow Hair” pattern, which caused the indicators to show a strong rebound demand. However, the overall trend remains bearish, and the price has not shown a clear upward move. The rebound from 64,900 to around 67,500 is about 2,600 points. Intraday, it’s not advisable to chase the rally. The sudden price surge causes indicator lag, and chasing at this point risks hitting the ceiling. The intraday strategy is mainly to look for short positions, with resistance levels at 67,500, 68,500, and the 70,000 mark. These are key levels to watch for short entries. Support levels are at 66,000 and 65,000. Only if the price breaks below 65,000 can the market open up space for a new big drop, with potential targets at 64,000 and 62,000.
For Ethereum, focus on resistance at 2,040, 2,080, and 2,120. Short positions can be considered around these levels. Support levels are at 2,000, followed by 1,950 and 1,900.
There are no 100% correct trades, but we must adhere to the 100% principle: strict stop-loss on wrong trades, protecting capital on correct trades, and using moving stops to maximize profits. That’s the risk-reward ratio! Say goodbye to luck, indecisiveness, hesitation, cherry-picking trades, taking small wins and running, or holding on to big losses—these habits are common but unproductive. We all know this is human nature, and it’s hard to change. Only a small percentage of traders who strictly follow their principles can make consistent profits. I hope this gives some friends who are still confused and unsure how to profit some insight. Let’s work together to improve and progress. #成长值抽奖赢金条 $BTC
