Pionex Analysis: Bitcoin Latest Market Analysis on March 13

Article Published on March 13, 2025 — 01:30 AM

The current price of Bitcoin is 83,000. Yesterday, the strategy was to short at 84,000, with the maximum space reaching the lowest point of the previous day's candlestick at 80,600, providing a space of 3,400 points. The strategy remains unchanged; we continue to short at the upper resistance level. Looking at the candlestick pattern, there is significant volatility at high levels, indicating a large divergence between bulls and bears. The daily chart shows a clear rebound followed by a pullback, with upward momentum weakening. The 4-hour MACD shows signs of a bullish crossover, indicating a clear short-term rebound demand. The RSI is close to 50, indicating a neutral state. The EMA short-term moving average support is effective, but the long-term trend still leans bearish. The strategy remains primarily short with some long positions as a supplement.

Today's Pionex Price Predictions

• Long Entry: 81,000, add long at 80,000, stop loss at 79,500, target 84,000
• Short Entry: 85,000, add short at 86,000, stop loss at 86,500, target 81,000

Ethereum Analysis

Yesterday's strategy was to short at 1,950, with the target of 1,850 successfully reached. Before publication, the previous day's candlestick tested a low of 1,800 and has now rebounded to 1,890. Short-term longs should not be held for too long; after entering, if it exceeds 50 points, profits can be taken. Pionex's trend analysis shows a clear high-level volatility range, with significant selling pressure above. The MACD bearish strength is weakening, showing signs of a potential bullish reversal. The RSI is close to 40, indicating relative neutrality. The EMA short-term trend is bearish, while the long-term trend remains downward. The trading volume shows frequent capital inflows and outflows. The strategy remains to follow the trend, primarily shorting at highs and supplementing with longs at lows.

Today's Latest Price References

• Long Entry: 1,800, add at 1,750, stop loss at 1,700, target 1,950
• Short Entry: 1,950, add at 2,000, stop loss at 2,050, target 1,850

The above analysis by Pionex is based on market data and trend analysis and does not constitute investment advice. It is for reference only. Over the past ten years, Pionex has continuously explored and experienced hundreds of different digital assets. Throughout this process, Pionex has witnessed the brilliance of bull markets and the gloom of bear markets, accumulating countless valuable experiences and profound lessons along the way. As a female trader striving in this challenging field, Pionex feels a responsibility to share insights and hopes to assist others with dreams in finding their place in this unpredictable market and embarking on their own successful journey.

The content of this article is time-sensitive and for reference only; risks are borne by the reader.

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