Middle East conflict remains unstable. Can Non-Farm Payrolls turn the tide? 3.29 Bitcoin Auntie Strategy



Last week was again dominated by the Middle East situation. The huge uncertainty over whether the US, Israel, and Iran can reach an agreement kept the market in a state of nervous tension, with investors constantly watching every statement from Trump. Although he publicly said he wants to end the conflict as soon as possible, it seems Iran is not convinced. This time, Trump has hit a brick wall. While everyone knows the US can absolutely win, he also has to consider whether the cost of victory is worth it! The recent bottom-fishing ideas from the night before last and yesterday met expectations, allowing Bitcoin to easily gain over a thousand points, and Ethereum to gain sixty or seventy points. Unfortunately, I wanted to broaden the view, set stop-losses with Polkadot, and got swept this morning.

Next week, Non-Farm Payrolls will be a major event. This data will determine whether the Federal Reserve will cut interest rates to save the market. So everyone needs to pay close attention. This week, the continuous bearish outlook has been profitable—how many lucky ones saw it and followed? Although the market shows signs of stabilizing, the unstable Middle East situation and ongoing outflows from spot ETF markets mean the bulls are temporarily out of reach. Therefore, the overall trend remains bearish. Intraday, I will maintain the rebound-then-short strategy, with low buy-ins as a supplement!

3.29 Short Entry Strategy

Bitcoin rebound to 68,500-69,000, short; conservative entry at 69,500-70,000, with a stop around 70,500. Targets at 67,500-67,000-66,500. If broken, look at 66,000-65,500-65,000, and move stop-loss accordingly.

Ethereum rebound to 2,070-2,100, short; conservative entry at 2,130-2,150, with a stop around 2,180. Targets at 2,000-1,970. If broken, look at 1,950-1,920-1,900, and move stop-loss accordingly.

3.29 Long Entry Strategy:

Bitcoin pullback to 65,000-65,500, buy one lot; stop around 64,000. Targets at 66,500-67,000-67,500-68,000. If broken, move stop-loss accordingly.

Ethereum pullback to 1,950-1,980, buy one lot; stop around 1,930. Targets at 2,030-2,070. If broken, move stop-loss accordingly.

The daily chart shows a morning doji star, clearly indicating a bottoming process. However, the Middle East conflict is suppressing prices, and the rebound is just a low-level attempt to buy the dip. If there's a chance, take a big profit! #成长值抽奖赢金条
BTC0.45%
ETH1.36%
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ConanTrendIsKingvip
· 03-29 02:00
The daily chart closed with a doji this morning, clearly indicating a bottoming process. However, the Middle East conflict has suppressed the price rebound. We can only say it's a low-level attempt to scoop the bottom; if there's an opportunity, it could lead to a big gain!
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