3.28BTC/ETH market perspective:
The market has once again fallen into a state of fluctuation, with the yellow-haired shouting for negotiations, and Iran immediately coming out to refute, like a child's play, leaving one unsure of the truth. The market seems to have entered a wait-and-see mode. Last night, a public sell signal was given at 70000 and 2140, with the lowest pullback at the 68900 and 2102 lines. In the short term, a small profit can be made, as the market tests back and forth, fluctuating repeatedly. Operationally, it can't be set in stone; one can only reduce positions when there is profit and then switch to a break-even loss.
After Bitcoin stopped falling from 59800, it formed an upward trend line below, and the current low points of the pullback have not broken the trend line, so the bears should not be too optimistic. Shorts can only be made when the price rises; for short positions in the middle range, one can only take profits and run after a small gain. On the 4-hour level, the middle and upper bands of the Bollinger Bands are both opening upwards. The KDJ and RSI indicators are turning upwards, and after receiving support at the middle band last night, the price rebounded. The daily K-line Bollinger Bands are flat and narrowing; it is not advisable to enter short positions too early, and one should not overlook the demand and strength of the rebound.
In terms of evening operations, if you want to short at a high price, you need to pay attention to the resistance at 72500 and 74000. After being blocked at a high point, short positions can be entered in line with the trend. If you want to long at a low price, then you need to wait for a pullback; if the pullback does not break the support at 69000, you can enter long as the price rebounds. In these middle positions, it's not very good to participate in operations!
As for Ethereum, if you want to short at a high price, you need to pay attention to the daily K-line upper band resistance at around 2300 and the previous high at 2385. Only after being blocked at this high point can one enter short positions in line with the trend. If you want to long at a low price, you need to pay attention to the support at 2100 during the pullback process, and if this pullback does not break, you can try to enter long. #国际油价下跌 $BTC
