Bitcoin and Ethereum Afternoon Trading Suggestions and Future Trend Analysis: 3/31 In the past 24 hours, Bitcoin experienced a rollercoaster ride, with a technical rebound to the 68,000 level after an overnight dip. Currently, it is in a consolidation phase, and overall market sentiment remains fragile. Technically, the four-hour Bollinger Bands are parallel, and the moving averages are in a bearish alignment, indicating continued downward pressure. The daily RSI is 43, not yet in deep oversold territory, suggesting the market is currently caught between macroeconomic concerns and structural demand. The short-term trend is more inclined towards the downside, and the recommended strategy is primarily shorting on rallies and secondarily buying on dips. Analyst Xiao Ma's Diary suggests the following trades: Bitcoin: Short around 68,000-68,500, target 66,500-66,000; Ethereum: Short around 2080-2100, target 2020-2000. These publicly shared ideas are for general reference only; please manage your own market conditions carefully.
Bitcoin and Ethereum Afternoon Trading Recommendations and Future Trend Analysis: 3/31
2026-03-31 05:39:35
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