Analyst Chen Shu: On March 13, Bitcoin and Ethereum oscillated and strengthened. A short-term pullback to support without breaking can try to go long.

From the daily chart, Bitcoin currently shows a 5-day continuous upward trend, with prices rising to the daily MA5/10 moving averages. The short-term trend is steadily strengthening, with the upper pressure level focusing on the 7.4 line. In the 4-hour timeframe, the short-term MA256 moving average is continuously being adjusted downwards, and this line has shifted from a resistance level to a support level. A pullback to this position that does not break could extend the rebound strength, and for the short term, pay attention to the breakout situation at the minor resistance level of 7.2.

From the daily chart, Ethereum also shows continuous formation of red K-line with rebound strength not being strong. The upper pressure level focuses on the 2160 line. In the 4-hour timeframe, the previous MA256 moving average has now turned into a support level, and for the pullback support, pay attention to this 2050 line. If the pullback does not break this level, it can rely on this line to go long and see the rebound.

Afternoon operational thoughts (written at 16:40):

BTC: Go long at 7.05, add to long at 6.95 on pullback, target 7.2/7.3; above 7.35/7.45 short at 2000 points pullback.

ETH: Go long at 2060, add to long at 2000 on dusting, target 2130/2160; above 2170/2230 short at 100 points pullback.

Daily analysis strategy has a very high win rate! Analysis is not easy. I hope everyone can click to follow, collect, like, and comment for free. Thank you all, and feel free to discuss in the comments below. I will respond to each one.

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