March 10 Morning Market Analysis

BTC Market Trend Analysis
In the short term, on the 1H chart, the price has stabilized above the MA25 at 67,800. The MA7 and MA99 form a support zone. After rebounding from the low of 65,500, it is currently consolidating around 68,500. The short-term trend is bullish, but trading volume has decreased, so caution is needed for a pullback.

In the medium term, on the 4H and daily charts, the price is still below the previous high of 70,000 and has not broken through the key resistance level. The medium-term pattern is a sideways to slightly bullish consolidation, and a breakout above the 69,500-70,000 range is needed to open upward space.

ETH Market Trend Analysis
In the short term, on the 4H chart, the price has stabilized above the MA7/MA25 around 1,990. After rebounding from 1,900, it is now consolidating above 2,000. The short-term bullish trend is clear, with moving averages in a bullish alignment.

In the medium term, on the daily chart, the price remains below 2,100-2,200. It is in a sideways upward channel, and a breakout above 2,050-2,100 is needed for further upward movement!

Bitcoin short position entry zone: around 69,800-70,500, target 68,000-67,300
Ethereum short position around 2,060, stop loss 2,080, target 1,990-1,960