BTC

The weekly rebound of Bitcoin shows signs of ending. There may be another round of correction in the next few weeks. Generally speaking, from mid-March, there will be an adjustment similar to that from April to September last year. Will there be a restart of a bull market afterwards? We will have to wait and see. The short-term correction has not yet ended.

For the day: the 4H moving average remains in a short position. On the 30M chart, after a weekend rebound, the gains were given back in the morning. If the 30M moving average crosses, the price remains below 66,400 and slightly consolidates, short-term ... ETH

After a weekend rebound, a top divergence appeared on the 1-hour chart. It will take a period of adjustment to see if it can stabilize. If it can stabilize, the 4-hour moving average will turn bullish, indicating that the short-term decline of ETH is about to end;

It is recommended to wait for the 4-hour moving average to turn successfully after the callback. If the price can stabilize near 3540, you can go long in the future. The stop loss is below 3460 or below the lowest point of today's intraday decline. The target is around 3735.

Today's recommendation:

AUCTION

The daily moving average is arranged in a bullish pattern, and the second position is sideways. The 4-hour moving average has turned bullish again after adjustment. It is also consolidating near the moving average. This pattern has the possibility of upward pull. If it is relatively strong, it will go up on the daily chart. If it is relatively weak, it will be on the 4-hour chart. I have entered part of the market at 20.72 when it fell in the morning. I plan to increase my position when the 30-minute moving average stabilizes in the future. The stop loss is below today's low. The target is around 28, the previous high.