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3.30 Latest BTC.ETH Outlook
This week's market volatility will intensify further. To stay on the right track, you must abandon emotional trading and follow real-time signals, which are key to profitability.
From the weekly chart, the previous two consecutive bullish candles have been reclaimed by the bears with a series of declining candles, currently operating at the previous support level, testing the sustainability of the bearish momentum. The MACD indicator shows decreasing bearish bars in a stepwise manner, with the fast and slow lines gradually approaching a golden cross, indicating a continued bullish recovery signal.
On the daily chart, after three consecutive declines, the price rebounded from the lower Bollinger Band. A small doji star appeared at the bottom, indicating that downward momentum is weakening. The trend reversal signals are becoming clearer, combined with the KDJ indicator's bottom convergence and golden cross, making the bullish trend more evident.
Bitcoin at 65,500-66,300, eyeing 69,000 and 72,000;
Ethereum similarly, focus on the target above 2,100.
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