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Bitcoin and Ethereum Afternoon Trading Suggestions and Subsequent Trend Analysis: 3/25
The current market exhibits obvious range-bound oscillation characteristics, with prices fluctuating repeatedly between strong support at 69,000 and strong resistance at 71,000. Technical analysis shows that bullish moving average alignment combined with recent golden crosses have formed bullish convergence, with trend signals somewhat strengthened. However, trading volume data is insufficient, and price-volume confirmation has not been achieved, which limits the possibility of price breaking out of the range. Additionally, a bullish engulfing pattern has appeared in the candlestick formation, suggesting potential rebound opportunities in the short term, but the validity of this signal still requires observation.
Given that the market is currently in a range-bound oscillation state, with price repeatedly blocked near the strong resistance level at 71,000, and insufficient trading volume to support a breakout, employing a high-sell short strategy aligns with range-bound market characteristics.
Therefore, subsequent trading suggestions should focus primarily on rebound shorting:
Bitcoin: can short near 71,000-71,500, targeting 70,000-69,000 vicinity
Ethereum: can short near 2,180-2,200, targeting 2,120-2,080 vicinity#加密市场回涨 #国际油价下跌 #贵金属领涨