3.15 BTC ETH Intraday Strategy



From a daily chart perspective, the bulls these past few days have shown typical "slow stepping," gradually climbing higher. After breaking through the Bollinger middle band, the price has been fluctuating between the middle and upper bands. The rhythm looks steady, but the actual explosive power of the upward attack is not strong. Friday's long wick briefly broke through the upper resistance, looking very powerful, but it was more of a probe without truly opening up the space above.

The pressure around the previous 74000 level remains very obvious, which is a key watershed. As long as this position cannot be broken through, the structure can easily form a double top pattern. Once the double top is confirmed, the market will likely experience a new round of accelerated decline, and the pullback at that time will be significant.

So don't be fooled by this bit of rebound. The overall direction is still biased bearish. This early rally is essentially just technical correction—a normal rebound after falling too much, which hasn't changed the overall downtrend.

Personal Suggestions:
BTC: Enter at 71500-72200, target below 70000, break below see 68000, long-term see 60000!
ETH: Enter at 2100-2130, target below 2060, break below see 1950, long-term see 1800!
$BTC $GT #Gate2月衍生品市场份额创新高 #AAVE换币风波
BTC1,54%
GT1,27%
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