3.18 Wednesday Mufeng Afternoon Market Analysis



The white session continued the oscillation from early morning, wearing down many traders' patience, but from both the chart and macro perspectives, short-term upward momentum remains robust, with pullbacks appearing more like accumulation rather than trend reversals.

From the 1-hour K-line perspective, both Bitcoin and Ethereum have formed typical strong patterns of "rally-pullback-support at moving average."

Trading Recommendations
Bitcoin: Enter long positions at 73650-73150 zone, target 74700, on breakout reduce position looking at 75800-76300, stop loss at 72800.
Ethereum: Enter long positions at 2275-2243 zone, target 2345, on breakout reduce position looking at 2380-2423, stop loss at 2200.
BTC0,66%
ETH0,65%
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