March 27th Market Analysis:
Bitcoin and Ethereum, from a daily perspective, have directly broken through the middle track support of the Bollinger Bands. However, after a continuous decline, the momentum has begun to weaken, and the space for further decline is narrowing.
Looking at the 4-hour trend, there have been several significant lower shadows during the downward process, indicating that there is capital supporting at low levels. The bulls are gradually starting to exert strength, creating a certain balance against the bears.
Although the bears have not completely exited, the downward momentum is clearly insufficient, and in the short term, it is more inclined towards a repairing trend after stabilizing from a decline. In terms of operation, it is recommended to focus on going long at low points after a stabilization from pullbacks, patiently waiting for rebound opportunities.
$ETH $BTC $XNY #特朗普希望尽快结束对伊朗战争 #币安人生