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Analyst Chen Shu: 7:40 AM, March 5th, Current Price Trading Strategy

2026-03-04 23:52:25
Shareshare
Analysis: Bitcoin has risen to the 256-day moving average (MA256) resistance level at 7.35 on the 4-hour chart. A short-term stall suggests a potential minor pullback. We recommend shorting at the current price of 7.26. For Ethereum, short at the current price of 2130, adding to the short position on a rebound of 600/30 points. Set a stop-loss at 800/40 points above the average price after adding to the position. Targets are 7.1/7.15, and for Ethereum, 2070/2040. Market conditions are volatile; aggressive traders may consider small positions, while conservative traders should remain on the sidelines. For those interested, please contact us for real-time strategy updates!
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