20240330 BTC/ETH prediction/ambush
The overall rhythm yesterday was relatively circuitous. The bulls tried to reach the high but failed to break, while the bears bottomed out and rebounded. There was no strong continuity in the rise or fall. The US market failed to hit the 70800-71000 area overnight and then retreated under pressure. Then it fell by a thousand points and hit the 69000 integer mark. , this is also in line with the bearish expectations given last night. Yesterday's rebound high point was chosen to be bearish. This wave of shorts also gave room for 2,500 points.
Last night, the pie rebounded quickly after touching 69,000 and successfully regained the 70,000 position. Judging from the daily chart, the market is still undergoing shock adjustments. For the short-term rebound to continue, 70800 must be established. However, observing the trend in the past two days, the best opportunity for an upward breakthrough has been missed. Therefore, the short-term market is still dominated by shocks. Short-term operations can consider shorting on rallies.
BTC short-term:
70500â70200 empty
Target 68500-64000
Move 800 points after defending
ââETH short-term:
3520-3550 empty
Target 3475-3420
Defend and move back 30 points
