3.23 Monday Midday Market Analysis


The market is like the final stronghold of Hormuz. First, I notify oil vehicle users that oil prices will increase again at dawn tonight, so it is recommended to fill up.
Meanwhile, I have been consistently emphasizing that when oil prices rise, gold falls, and BTC, ETH risk assets will also experience further significant declines. Additionally, the US-Iran Strait situation will reach a critical point within 48 hours. From a trend perspective, shorting is the main focus!
Currently, Ethereum price is around 2060. From the four-hour chart, we can see that Ethereum is in a weak oscillating downtrend, with bears temporarily dominating. The short-term support level is around 2040, which is the core defense line for bulls. MA5, MA10, and MA30 form a bearish arrangement, continuously suppressing prices. From the surface of Bitcoin, the bearish pattern is obvious. At the four-hour level, price has pulled back from highs, continuously breaking through support levels. The green column in MACD continues to expand, exhibiting a typical bearish trend. Short-term rebound strength is limited, with minor support around 67500. If effectively broken, it will accelerate downward!
BTC Operation Suggestion: Enter short orders around 68500, targets 67500-66800, if broken watch 65800 area, stop loss 69300
ETH Operation Suggestion: Enter short orders around 2060-2080, targets 2050-2000 area, if broken watch 1980 area, stop loss 2120$BTC $ETH $SOL
BTC3.06%
ETH3.78%
SOL2.01%
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水手森巴vip
· 03-24 03:53
Crude oil is the mother of inflation. In the long term, crude oil will shift from the 60-70 range to the 70-80 range. The probability of rate cuts has become very low! Without rate cuts, the valuation centers of various assets will decline! In the worst case scenario, the US will be dragged into a prolonged ground war, leading to a great recession. Regardless of which situation unfolds, holding onto cash is the best choice!!!!
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每天都要加油鸭vip
· 03-24 00:24
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