On the daily chart, Bitcoin has retested the 71,500 level. As previously mentioned, it was trading within a range of 71,000-63,000. It has now broken out of this narrow range of 68,000-65,000, with resistance at 71,500 and support at 69,000-68,000. Ethereum's daily chart is moving in tandem with Bitcoin, breaking out of its narrow range of 1900-2000 and retesting the 2100 level. The previously mentioned range was 1800-2150, with resistance at 2100-2150 and support at 2000-1920. On the 4-hour chart, both Bitcoin and Ethereum are steadily rising to the top of their respective trading ranges. Bitcoin is trading between 71,500 and 62,500, while Ethereum is between 2150 and 1800. Currently, the price is near the resistance level, so shorting at higher levels is recommended! Trading Strategy: Short Bitcoin at the current price of 71200-71500, with a target of 70000-69000 and a stop-loss above 72500; Short Ethereum at the current price of 2070-2090, with a target of 2000-1950 and a stop-loss above 2150. These strategies are time-sensitive; please refer to the information on the homepage for specific details and private real-time guidance.
3.4 Bitcoin and Ethereum Trend Analysis and Trading Strategy!
2026-03-04 11:32:32
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