Last night's strategy was a complete victory. Whether it was the first wave of catching the dip or the second retest position given in the early morning, basically all were confirmed. Today is Thursday, tomorrow is Friday, combined with weekend expectations. Considering the magnitude of the first half was very large, whether it was the rise or the adjustment from last night's night session, the market may enter a similar chaotic box pattern as in February. The immediate priority is to confirm the pressure level first. If the main line is doing volatility, we should honestly do wave trading. If the main line is a major uptrend, then we continue to do trend trading.
BTC: Yesterday's range broke down from the upper rail of the large box at 74400 all the way to 71400. The intraday technical picture is also very simple. Bulls will definitely look for opportunities to counterattack, attempting to return to the 71400-72250 box (intraday bull target). Bears definitely hope to break the lower rail of the 69000-71400 box as well. The midline of the 69000-71400 daily box at 70300 is a watershed.
Operation Suggestions: Buy dips near 69800-70300, stop loss at 69500 is sufficient. For shorting, look for 71800-72250 positions to add shorts, stop loss at 72800.
ETH: The night session provided two opportunities to buy the dip and both captured value. Currently confirmed that the 2170-2200 box is a consolidation zone. Intraday also has opportunities for both bulls and bears. Resistance ahead at 2215. Support below at 2160. Operationally, recommend buying dips at 2170-2180. Defense at 2160 is sufficient. For shorts, 2250-2270 positions would be relatively safer.
March 19 BTC/ETH US Strategy
Last night's strategy was a complete victory. Whether it was the first wave of catching the dip or the second retest position given in the early morning, basically all were confirmed. Today is Thursday, tomorrow is Friday, combined with weekend expectations. Considering the magnitude of the first half was very large, whether it was the rise or the adjustment from last night's night session, the market may enter a similar chaotic box pattern as in February. The immediate priority is to confirm the pressure level first. If the main line is doing volatility, we should honestly do wave trading. If the main line is a major uptrend, then we continue to do trend trading.
BTC: Yesterday's range broke down from the upper rail of the large box at 74400 all the way to 71400. The intraday technical picture is also very simple. Bulls will definitely look for opportunities to counterattack, attempting to return to the 71400-72250 box (intraday bull target). Bears definitely hope to break the lower rail of the 69000-71400 box as well. The midline of the 69000-71400 daily box at 70300 is a watershed.
Operation Suggestions: Buy dips near 69800-70300, stop loss at 69500 is sufficient. For shorting, look for 71800-72250 positions to add shorts, stop loss at 72800.
ETH: The night session provided two opportunities to buy the dip and both captured value. Currently confirmed that the 2170-2200 box is a consolidation zone. Intraday also has opportunities for both bulls and bears. Resistance ahead at 2215. Support below at 2160. Operationally, recommend buying dips at 2170-2180. Defense at 2160 is sufficient. For shorts, 2250-2270 positions would be relatively safer.