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Bitcoin and Ethereum Latest Technical Analysis and Trading Recommendations: 3/24
Current price consolidating near 71000. The 71500 short position from this morning has played out nicely. Dipped to 70000 at midday, currently weak rebound with short-term rally exhausted.
Technical Analysis: 4-hour chart shows resistance at highs and turning lower. Hourly Bollinger Bands narrowing and breaking below the midline. Indicators show downward convergence, near-term bearish bias.
Main Trading Strategy: Continue to go with the trend, emphasizing short positions at higher levels.
Key resistance at 71500-72000 above. Determined shorting if not broken. Aggressive traders can enter light short positions in batches near 71000, with stop loss above 72000. Targets below at 69000-68000.
Ethereum around 2170-2190 for shorts, targets near 2120-2080.
Stay patient, focus on shorting at highs, targets pointing downward. Wishing continued profits on short positions! #BTC突破71000美元 #加密市场回涨 #特朗普对伊朗军事打击推迟五天