Tuesday, 3.10 Bitcoin and Ethereum Afternoon Analysis



The 4-hour chart shows that the latest candlestick is a full-bodied bullish candle, closing near the high, indicating strong upward momentum in the market. After Bitcoin found support at around 68,000, it has consecutively formed multiple bullish candles, creating a V-shaped reversal and breaking through the recent consolidation zone. The DIF line crosses above the DEA line to form a golden cross, and both the DIF and MACD histogram are rapidly diverging upward above the zero line. The MACD histogram continues to expand, indicating a clear bullish trend and accelerating upward momentum.

Bitcoin is expected to reach around 72,500 from the current level of 70,000.
Ethereum is expected to reach around 2,150 from the current level of 2,020.
BTC3,87%
ETH2,63%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 1
  • Repost
  • Share
Comment
0/400
小木论vip
· 3h ago
Volatility is an opportunity 📊
View OriginalReply0
  • Pin