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Stay calm through ups and downs, hold to your principles amid chaos—every dollar you earn is the realization of your knowledge. BTC slid continuously from 71286 last night to the current 69731, showing an overall downtrend. ETH declined sharply from 2084 last night to around 2016, also sliding throughout.
Currently, market rebound momentum is gradually building volume, and the bullish structure has returned. On the 4-hour level, the price briefly tested the bottom of the Bollinger Band midline and quickly rebounded upward. The midline support continues to show strong volume, and the bearish downtrend is not performing well. The KDJ absorption pattern has completed, with all three lines showing an upward formation and bulls steadily gaining strength. On the hourly level, the rebound has clearly begun, with prices showing three consecutive bullish candles and K-lines continuously pushing upward. Currently, focus on resistance around BTC's 70000 midline for upside movement.
Thursday Night Trading Ideas
BTC can long around 69500, target 71000
ETH can long around 2020, target 2100
#3月CPI数据出炉