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# Evening BTC/ETH Outlook 3.12
After the IEA released strategic reserves, oil prices began to rebound. As long as oil prices do not surge wildly, Bitcoin will gradually stabilize around the 7,000 level, slowly testing previous resistance points. The best current approach is to focus on short-term trades by using 15-minute and 4-hour signals for confluence: avoid holding long-term positions and instead trade in the direction of the trend for short-term gains.
BTC 6.95, 6.80 moving upward, watch for 7.21; if broken and stabilized, target 7.44.
ETH 2060, 2010 moving upward, watch for 2130; if stabilized, target 2210.