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Strategy: ✅ If three 12-hour candles fail to recover, switch to short ✅
1️⃣ Major Market【BTC】【ETH】Current Key Support Levels:
【BTC】
Entry: Switch to short position, place pending order at 69,840
Stop Loss: 70,500
Take Profit: 66,258
【ETH】
Entry: Switch to short position, place pending order at 2,135
Stop Loss: 2,157
Take Profit: 1,950
2️⃣ 【ETH & BTC】 I analyzed the market for you yesterday. On the 1-hour chart yesterday, not a single candle closed above EMA55, indicating no bullish opportunities.
Today, it broke below the 12-hour trendline, bears are in control. If you are holding long positions, try to reduce your positions as much as possible; the risk has increased. If BTC continues bullish, it needs to break above the previous high of 70,500; ETH needs to break above 2,150.
1. If it continues to strengthen and reclaims the trendline before 8 AM on March 23rd, with price back above the trendline, there is still potential for bullish trades.
2. If it weakens and fails to regain the trendline, switch to short positions and place pending orders with the smallest possible stop loss.
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All opinions are personal views only
Not financial advice, do your own research (DYOR)