4.5 Bitcoin and Ethereum Market Outlook and Trading Suggestions


Market Analysis

Bitcoin BTC is currently quoted at 67,471.41, up 0.78% intraday, with a bullish trend and steady upward movement. The medium-term upward trend remains intact. Resistance is at 68,000, with support at 67,000-66,500. Capital inflow is sufficient, with no clear signs of top formation.
Ethereum ETH is currently quoted at 2,060.22, up 0.33% intraday, showing weaker momentum than Bitcoin, with strong correlation and range-bound consolidation. Resistance is at 2,080-2,100, support at 2,040-2,000. The main strategy is to follow the upward trend, relying on Bitcoin to lead.
Trading Suggestions

Bitcoin BTC: Buy on dips around 67,000-67,200, target 68,000, with a breakout view of 69,000-70,000; short-term small short positions at 67,800-68,000, targeting around 67,000, for quick trades.
Ethereum ETH: Buy on dips around 2,040-2,050, target 2,080-2,100, with a breakout view of 2,150-2,200; small short positions at 2,090-2,100, targeting around 2,040, for quick in-and-out trades. #三月非农数据来袭 $BTC $ETH $GT
BTC-0,1%
ETH0,02%
GT-0,3%
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