Good evening everyone, I am Xinya. Yesterday, referencing 65800 and 1905 to enter the market, everyone should have made a profit of three thousand points on Bitcoin and over a hundred points on Ethereum.

Next, let's take a brief look at the market. The evening session on March 8th was relatively weak, and it did not even surpass 67500. At six in the morning, Bitcoin was around 67000, with increased selling pressure, briefly breaking below the 65800 central area, reaching a low of 65566 before starting to rebound. Between seven and ten in the morning, both buyers and sellers were in a narrow confrontation between 65800 and 66800. From nine to eleven, the KDJ, RSI, and MACD fast and slow lines all had golden crosses in succession, indicating a positive indicator, with bulls leading the market.

The price touched 68000 but then pulled back to 66800 before continuing to move upward. As of now, it has reached a high of around 69200, and during this process, the bulls show signs of forced liquidation. We can mark 66800 and 68200. Merging the candlestick charts, it is evident that the bulls' momentum is very strong, and bears are completely caught up in this. Bitcoin has had four consecutive bullish candles on the four-hour chart, and the current market has returned to two possible scenarios.

The first possibility is to continue from the scenario given on the 7th, stabilizing above 68500 and heading towards 71500. In this case, the pullback would only touch 66800 at most. The second possibility is a range of oscillation between 66800 and 69500, forming a new central area. The extremes can only be expanded by a thousand points because the previous pullback could return to the central area without causing effective damage; once it reached the lower edge, the rebound began, and the intensity of this rebound is not as strong as Ethereum. The main force has obscured its intent, and details indicate that a new central area is to be constructed. Once the central area is established, the market is likely to move upward.

Currently, Bitcoin's one-hour EMA120 and EMA144 have reached the lower section, changing the offense and defense. The price is currently oscillating around the four-hour EMA144 at 69000, with the next resistance around the daily EMA30 at 70000. In terms of future strategy, those who are out of the market can enter in batches at 67500 and 66800, while shorts can be around the key levels with light losses.

Ethereum, due to its closely synchronized rhythm with Bitcoin, will not waste words here. Just synchronize entry and exit with Bitcoin. However, looking at the fifteen-minute candlestick chart, Ethereum's rhythm is clearly putting pressure on shorts, with powerful bulls. Currently, the one-hour EMA120 and EMA144 are around 1990, while the four-hour EMA144 is around 2055. The current price is oscillating around the four-hour EMA120 at 2018.

Key support below is 1986 and 1952.

Key resistance above is 2050, 2086, 2132. Since Xinya provided 1905 yesterday, it has been tested, and the main theme for the future is to synchronize with Bitcoin’s upward test. In terms of operations, entry and exit at key points of Bitcoin is important. The market rhythm this month will be like attacking a city gate; you may not understand now, but you will once the market moves.

Synchronize operations, Public Account: Xinya Talks on Chans.

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。