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Bitcoin and Ethereum Evening Short Strategy Wins Again with Early Morning Technical Analysis: 3/12
Afternoon market showed oscillating conditions. Our evening short strategy layout near Bitcoin 70500 and Ethereum 2080 took off completely. After US stock market opening in the evening combined with news catalysts, the market rallied sharply, hitting exactly our short entry points. Friends trading with us captured excellent profits. Currently the market is at Bitcoin 69500 and Ethereum 2040, with Bitcoin gaining nearly 1000 points and Ethereum 40 points of downside space. Further declines may follow, but support levels remain relatively strong, so early morning trading recommendations focus on going long near support levels!
Bitcoin: Go long near 69000-69500, target 70500-71000, if broken continue looking higher
Ethereum: Go long near 2010-2030, target 2090-2130 nearby#Gate广场AI测评官 #3月CPI数据出炉 #比特币支撑阻力位分析