3.31 Double Bottom Analysis



The 1-hour Bollinger Bands are opening upward, with the price stabilizing above the middle band at 2052. The lower band support at 2015 is effective; a short-term strong rebound has broken through resistance. Currently, the price around 2076 is oscillating bullishly. Watch the upper band at 2089 for resistance; a breakout could target the 2092 high.

In the short term, macro sentiment is easing, the weakening dollar boosts bullish sentiment, and capital inflows are driving a rapid price surge, indicating continued short-term bullishness.

With technical bullish dominance and positive news sentiment support, a short-term bullish outlook is favored. A pullback to the middle band support can be considered a low buy. Be cautious of resistance at the upper band, which may lead to a pullback.

Trading suggestion: Target 1980-1850 with a range of 2110-2150.
GT-0,15%
BTC0,19%
SOL-0,16%
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