March 21st Crypto Market Analysis

【Bulls vs Bears Dividing Line】
Strategy: ✅ showed weak performance, chose to observe ✅
【ETH & BTC】
Today I'll explain BTC's status with resonance charts from both large and small cycles (ETH trends reference BTC)
1. Weekly chart shows obvious three-stage decline, KDJ low point has already broken the 20 threshold, fractal at the bottom is certain, likely to reverse the downtrend.
2. On daily and 12-hour levels, it's obvious the price is in an overall uptrend within the price channel,
coin price is oscillating near the trendline, 12-hour level has already started probing the trendline.
3. Look for buy points on the 1-hour chart for trading games, don't give up until you see results. Requirement: only open positions after 1-hour closing price crosses above MA55 moving average, stop loss can be placed at the bottom of the oscillation zone.
4. For short positions, no rush currently as we haven't formed a breakdown of the daily and 12-hour uptrend. Requirement: select short positions after the solid bearish candle breaks below.
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