Within the 4-hour timeframe, the market's dominant rhythm shows a downtrend. Although there are short-term rebounds, they are all technical corrections within a weak environment. Therefore, investors need to be vigilant about price fluctuations in short cycles. The pattern of rising followed by falling is evident, and the market remains in a weak position. Intraday trading is advisable to short at highs and maintain a bearish strategy. The second coin continues within the wave window, running continuously between 2160-2130.
ETH Operating Strategy: Short near 2160 with stop loss at 2190, take profit near 2130. Long near 2130 with stop loss at 2100, take profit near 2160.$BTC $ETH
3.21 Saturday Midday Market Analysis
Within the 4-hour timeframe, the market's dominant rhythm shows a downtrend. Although there are short-term rebounds, they are all technical corrections within a weak environment. Therefore, investors need to be vigilant about price fluctuations in short cycles. The pattern of rising followed by falling is evident, and the market remains in a weak position. Intraday trading is advisable to short at highs and maintain a bearish strategy. The second coin continues within the wave window, running continuously between 2160-2130.
ETH Operating Strategy: Short near 2160 with stop loss at 2190, take profit near 2130. Long near 2130 with stop loss at 2100, take profit near 2160.$BTC $ETH