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Gu Jingci: 3.31 Bitcoin/Ethereum Continuing Profits in Long and Short Positions with Evening Market Analysis
In the past few days, those who followed the trend should have successfully taken off, with longs and shorts gaining over 5,000 points and 220 points of space, respectively, with overall potential visible. The evening market dipped to around 65,900 and 2,010 before rebounding. The lows below were not broken and the market remained in narrow fluctuations. There are signs of a trend reversal, with daily candles repeatedly pushing higher and closing with long upper shadows, indicating significant resistance above, but the multiple breaks of daily highs suggest room for the market to be optimistic.
Currently, the market continues to fluctuate, heavily influenced by geopolitical developments. Short-term battles between bulls and bears are intense. Support levels for Bitcoin and Ethereum are around 66,000 and 2,000 in the short term, with strong supports at 65,000 and 1,950. Resistance is focused on the intraday highs.
Tonight, take profits on short positions and prepare to enter long positions. It is recommended to go long on Bitcoin near 66,000 to 66,500, targeting 68,000 to 69,000; for Ethereum, go long around 2,010 to 2,030, with targets at 2,080 to 2,100. (In fact, we have already entered longs at 2,015. With a slight pullback, we can directly add to longs.)
We are here every day, not to prove how high our win rate is, but to tell you that our team is always here—monitoring the market 24/7, professional and reliable. Analysis and strategies are for reference only; please manage your own risks. The article is not updated in real-time, so please refer to live data! #Gate金手指 #加密市场普遍上涨 #鲍威尔鸽派发言重燃降息预期