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Bitcoin and Ethereum Evening Short Strategy Wins Again with Early Morning Chart Analysis: 3/12
The afternoon chart was in a volatile state. Our evening layout of Bitcoin short positions around 70,500 and Ethereum around 2,080 all took off successfully. Following the opening of US stock markets in the evening, combined with news catalysts, the chart rallied sharply, hitting our short entry points perfectly. Friends trading with us all captured decent profits. Currently, the chart is at approximately 69,500 for Bitcoin and 2,040 for Ethereum, capturing nearly 1,000 points for Bitcoin and 40 points for Ethereum. Further downside is likely, but support levels remain fairly strong, so early morning operations are recommended to focus on long positions around support levels!
Bitcoin: Go long around 69,000-69,500, target 70,500-71,000, continue looking higher on breakout
Ethereum: Go long around 2,010-2,030, target 2,090-2,130 nearby#Gate广场AI测评官 #3月CPI数据出炉 #比特币支撑阻力位分析