Gu Jingci: 3.20 Bitcoin/Ethereum Trading Strategy with Market Analysis

Bitcoin/Ethereum yesterday and the day before had multiple public strategies with timely bottle reminders on short ideas, focusing on the 68000 and 2100 line, with lows reaching around 68800 and 2095. Overall short positions met expectations with visible profit potential. Currently, after reaching key support, the market is rebounding. Combined with the previous range structure, the low points from 1900, 1940, 2000, 2050 to now around 2100 are continuously rising, with large pancakes following the same pattern. The major trend has not broken through, and only when the range truly breaks will there be another wave of large waterfall declines. Currently without a break, this has not been seen yet.

Currently hourly and 4-hour charts are all beginning to show rebound rallies. Short-term market oscillation with upward rebound strength. Upper resistance to watch around 72000 and 2230-2250 levels under short-term pressure, with lower support referencing last night's lows.

Operation Suggestions: Bitcoin around 70000-70500 for longs targeting 72000-72500; Ethereum around 2120-2140 for longs targeting 2200-2230.

#Gate13周年全球庆典 #TradFi首创多倍杠杆 #加密行情震荡