Coin Wave Riding: 3.13 Bitcoin (BTC) Market Analysis Reference:

Bitcoin continues its rebound trend, with the day's overall market showing a fluctuating upward pattern. From the daily chart, Bitcoin has a continuous series of bullish candles. The daily MA5, MA10, and MA30 are in a bullish arrangement providing support. Currently, the coin price fluctuates around 72300, closely adhering to the upper Bollinger band with the middle band tilted upward, indicating a shift in medium-term trend from weak to strong; the KDJ three lines are diverging upward, and the MACD indicator's DIF and DEA are approaching the zero axis with the histogram gradually expanding, confirming a bullish signal at the daily level. However, the RSI is nearing the overbought threshold of 70, suggesting a slight pullback to build momentum is possible in the short term. The support level can be observed around the Bollinger middle band at 68200, and if it can break through the upper band at 72850, it is expected to open further upward space, maintaining an overall bullish trend.

Observing from the short cycle hourly chart, in the 4-hour level, the price has continuously risen after stabilizing at a low, currently breaking through the upper Bollinger band, with the channel opening upwards, indicating a clear short-term bullish trend; the KDJ three lines are running at a high position with the J value reaching 107.79, in the overbought range. The MACD indicator's DIF has crossed above the DEA, and the histogram is positive, gradually releasing volume and confirming sufficient bullish momentum at the 4-hour level; however, the RSI has reached 81.72, entering a deep overbought area, suggesting a possibility of a short-term pullback and support confirmation. Support levels can be focused on the 4-hour Bollinger middle band at 70415 and the 1-hour middle band around 71000. If it can hold the support and digest the overbought pressure, there is still motivation to challenge new highs in the future. Overall, the short-term bias is bullish, but one must be cautious of the risk of a pullback.
Coin Wave Riding: 3.13 Bitcoin Short-term Reference:
Short Sell: Sell in the range of 73000-74000, stop loss 500 points, target at 72500-71500,
Long Buy: Buy in the range of 70500-71500, stop loss 500 points, target at 72000-73000,
Coin Wave Riding: 3.13 Ethereum Short-term Reference:
Short Sell: Sell in the range of 2150-2000, stop loss 30 points, target at 2100-2080,
Long Buy: Buy in the range of 2050-2080, stop loss 30 points, target at 2100-2150,
[The above analysis and strategies are for reference only. Please bear the risks yourself. The article review and publication may have delays, and the strategies may not be timely. Do not operate blindly.]

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