[Jin Zhe Chuan Morning Review] March 10, 2026
Bitcoin's bullish trend is obvious, rising to the position of 69500 before currently retracing to 68900. The one-hour candlestick has formed a dead cross, leaning towards a bearish outlook.
Strategies for Bitcoin and Ethereum:
For Bitcoin,
aggressive traders can place market orders at 69000 directly for short selling, while conservative traders should set up short orders at 69500-70000,
with targets around 67600—66600.
For Ethereum, aggressive traders can short sell directly at the current price of 2015,
while conservative traders should aim for short selling in the range of 2020—2050, targeting 1980—1950.
Technical signals are evident, and the bearish rhythm is clear; executing at specific points will effectively capture the retracement space.
The market rhythm is volatile, and all executions should primarily follow Shi Pan's guidance, strictly control risks, and prioritize stability.
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