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Tuesday Night, March 31: Latest Bitcoin and Ethereum Strategies and Operations
Losses are not proof that you are wrong, but proof that there is still something you need to learn. Every real money loss is a payment toward your future judgment. Looking back at the afternoon market, Bitcoin continued to decline, dropping to a low of 65,998 before stopping and rebounding. It is currently around 66,600, with the downward momentum gradually slowing. Ethereum followed a similar pattern, falling to around 2012, then bottoming out and rebounding. It is now around 2940.
From the current market situation, a key change has occurred on the four-hour chart recently. After breaking below the previous low, the price did not continue to fall sharply but instead pulled back into the previous consolidation range. This move constitutes a "structural breakout signal" of higher lows, which is the first step toward a short-term trend shift from bearish to bullish. The MACD fast line has crossed above the zero line, and the red histogram bars indicate increasing bullish momentum, suggesting the bulls are gaining strength. The KDJ indicator on the 4H level shows a golden cross and upward divergence, indicating the rebound is not over yet. The evening session will provide a bullish rebound outlook.
Tuesday Night Strategy:
Bitcoin: Buy near 66,500, target 67,500
Ethereum: Buy near 2020, target 2100