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3.19 Thursday afternoon, the bearish trend remains unchanged, and the outlook remains bearish. Everything is unfolding as expected. The short positions on Bitcoin at 71,500 and on Ethereum at 2,230 taken in the morning have both moved out of their short-term ranges. Any rebounds should be shorted—that is what the current market demands and is irreversible.
In the afternoon, short positions on Bitcoin near 71,500 during a rebound, watch the 70,000-68,000 zone below.
In the afternoon, short positions on Ethereum during a rebound in the 2,210-2,230 zone, watch the 2,150-2,100 zone below.