Analyst Chen Shu: 3.5 Afternoon Bitcoin and Ethereum Market Strategy Report, Yesterday's Short Position Profited Again, Today Focus on 8.86 Breakthrough
On March 4th, the afternoon article analysis provided Bitcoin and Ethereum long and short position strategies. Bitcoin suggested a short position at 8.48, while Ethereum suggested a short position at 2140. Yesterday's strategy gained 3000/140 points. Congratulations to those who followed the article's operations! Currently, for short-term narrow fluctuations, please see the analysis below.
From the daily chart of Bitcoin, yesterday's daily line closed with a long lower shadow red candlestick, and the price rebounded to near the daily MA10 moving average. Today, we focus on whether the price can stabilize above the daily MA5/10 moving averages. Looking at the 4-hour chart, the price rebounded from around 83,000 to the MA60 moving average resistance level before correcting. For short-term support, we focus on the MA30/5 moving average support at 8.65. At the same time, on the 1-hour level, we can see that the short-term price rebound has once again reached the MA256 moving average at 8.86. Today, we focus on whether the price can break above 8.86 and stabilize. If it cannot stabilize above this level, we will continue to treat it as a bearish fluctuation.
From the daily chart of Ethereum, yesterday also closed with a red candlestick with a lower shadow, and the price continues to operate below the MA5/10 moving averages, indicating a relatively weak overall trend. For short-term resistance, we only need to pay attention to the two levels of 2250/2300. Looking at the 4-hour chart, although the overall market rebounded yesterday, it still operates below the MA30 moving average. We need to pay attention to the breakthrough situation of the MA30 moving average at 2230.
Afternoon Operation Ideas (Written at: 14:00):
BTC: Light short at 8.8, add to short at 8.9 on rebound, target 8.65/8.5; consider long positions below 8.4.
ETH: Light short at 2200, add to short at 2240 on rebound, target 2100/2070; long positions in sync with Bitcoin.
The daily analysis strategy has a very high win rate! Analysis is not easy, I hope everyone can give a free follow, bookmark, like, and comment. Thank you all, and feel free to leave comments below for discussion; I will reply one by one!
For real-time market strategy communication and consultation on market issues, you can follow me, the top-ranked personal KOL in the original (Coin World), providing free guidance and answering trading questions. Everyone is welcome to communicate and exchange ideas!
免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。
