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New Yaga talks about trends: Bitcoin's potential after March 19.

CN
交易员江生
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2 months ago
AI summarizes in 5 seconds.

Good evening everyone, I am Xin Ya. The market has turned into the second possibility after the update on the 17th, and the positions provided have accurately become absolute divergence points. Below:

Let's briefly review. Starting from the 18th, the crash of BTC at 74200 had a very weak first rebound, failing to stand above 72000. The market then operated with reduced volume, being resisted at 71000, and at four o'clock in the morning, there was a significant crashing pressure around 70500. The rebound after touching 69500 was blocked again around 70500, with selling pressure increasing. We will mark this position as a key point. It can continue to serve as a selling point for the future market. The support at 70000 was resisted at nine o'clock this evening, which was a buying point in the previous market cycle. The trend has already reversed.

We continue with the second possibility given on the seventeenth. ETH at 2235 and 2168 is converted to a first and second sell, with a third sell not being formed. Due to the lack of synchronization between BTC and ETH, we can only set 71200 and 70000 as a first and second sell. The strategy is mainly short, with rebound reference at the lower positions.

Key resistance levels above are 70500, 71200, and 72800, while below are 69200, 68500, and 67500.

For ETH, key levels to watch are 2168, 2196, and 2235, while below we focus on 2090, 2065, and 2027.

Synchronize with us, official account: Xin Ya Talks about Chan

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