Saturday, March 28 Market Analysis

The downward trend remains unchanged, and weak consolidation awaits direction.
Yesterday, ETH showed a clear short-term downtrend, starting to decline from the $2,250 high, forming a red descending channel. After dipping to $1,966.20, it rebounded slightly, with the current price around $1,988, showing weak consolidation.
From a technical perspective, the EMA7 and EMA30 are both in a bearish alignment and are acting as resistance above the price, indicating that bears dominate the market; although the MACD indicator shows signs of a potential turn at the low, the DIF and DEA have not formed an effective golden cross, suggesting insufficient bullish momentum; trading volume remains low, with no volume increase during rebounds, indicating weak capital support.
ETH Trading Strategy: Short at 1990-2010, stop loss at 2030, take profit at 1960-1910
BTC Trading Strategy: Short around 66,400, stop loss at 67,000, take profit at 65,600-64,800
Medium to long-term long position suggestion: Long around 65,000 BTC, stop loss at 60,000, take profit at 70,000-75,000 ETH: When BTC dips to around 65,000, add ETH longs with a stop loss at 1,750 and take profit at 2,100-2,300$BTC $ETH $SOL