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Saturday, March 7th Afternoon BTC/ETH Silk Sharing
The market continued its bearish trend in the early hours. After the price retreated to around 67,700, it entered a narrow range of consolidation. From a daily chart perspective, the bearish momentum has weakened, with two consecutive bearish candles; on the four-hour chart, the bearish side is moving within a range and approaching extreme levels, while the hourly chart shows that the bearish strength is gradually diminishing. Overall, the market remains biased downward.
Operational Suggestions:
Bitcoin (BTC) in the 68,100-68,600 range for a rebound, with a target of 65,000
Ethereum (ETH) in the 2,000-2,020 range for a rebound, with a target of 1,800
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