Gu Jingci: 3.20 Bitcoin Ethereum Evening Operation Strategy with Market Analysis

The short positions laid out multiple times in Bitcoin/Ethereum over the past two days successfully reached 68,800 and 2,100 levels as expected. The white panel pullback today rallied to 71,300 and 2,175 levels, also reminding us to exit. Currently, the market is oscillating in a narrow range. After the decline from the high point, the rebound strength is weak, mostly a repair consolidation after rapid probing down. The trend remains relatively weak. On the 4-hour K-line chart, it shows a previous volume-driven sharp drop, followed by short-term support at 69,000 and 2,100, with attempts at small rebounds. The recent 4-hour K-lines have shown bearish candles with long upper wicks, indicating obvious selling pressure and insufficient rebound momentum.

On technical indicators, the 4-hour MACD shows DIF and DEA both running below the zero axis, with the DIF line continuously crossing below the DEA line. The MACD histogram is negative and continuously expanding, showing the market is in a strong bearish trend that will be difficult to reverse in the short term. Additionally, recent price rebound trading volumes have relatively contracted, indicating insufficient buying power and lack of sustained momentum for rebounds.

Evening operation suggestions: Bitcoin enter short positions near 71,000 to 71,500, target 68,500 to 69,500; Ethereum enter short positions near 2,160 to 2,180, target 2,050 to 2,100.

Daily analysis and strategies have relatively high win rates, which can be seen every day. The analysis and strategies are for reference only, assume risk yourself. Article review and publication do not have timeliness; actual real-time conditions apply!
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