Bitcoin Aunt Ethereum Afternoon Trading Suggestions and Future Trend Analysis: 3/31



In the past 24 hours, Bitcoin has experienced a "roller coaster" market, with a technical rebound to the 68,000 level after a dip in the early morning. Currently, it is in a consolidation and correction phase, and overall market sentiment remains fragile.

From a technical perspective, the four-hour Bollinger Bands are showing a sideways pattern, with moving averages in a bearish alignment. The overall trend still faces downward pressure. The daily RSI is at 43, not yet in the oversold zone, indicating the market is in a tug-of-war between macroeconomic concerns and structural demand. The short-term trend leans more toward downward movement, so the suggested trading strategy is mainly short positions with some long positions as supplements.

Analyst Xiao Ma’s trading advice:

Short around 68,000-68,500 for Bitcoin, with targets near 66,500-66,000,

Short around 2,080-2,100 for Ethereum, with targets near 2,020-2,000.

This open-minded approach is only a general reference; please monitor market changes during trading and adjust accordingly.
BTC-1,54%
ETH-1,38%
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