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Bitcoin and Ethereum expected to see a short squeeze tonight: 3/10

2026-03-10 15:03:01
Shareshare
In the afternoon, we shorted Bitcoin and Ethereum, entering short positions around 70500 and 2060 respectively. The market fluctuated and declined in the evening, with Bitcoin reaching 69184 and Ethereum around 2007. Our short positions yielded approximately 1300 points and 50 points respectively, aligning with our expected price movement. However, the market then suddenly rallied, likely related to international news. We shouldn't panic; rallies provide opportunities for further entry. We need to grasp the trend and the swings. Our trading recommendation for the evening and early morning remains focused on shorting at higher levels: Bitcoin short around 71500-72000, with a target of 70000-69000; Ethereum short around 2090-2120, with a target of 2010-1980.
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