March 10 Morning Thoughts

From the four-hour chart, it can be observed that in this weak environment, there has been a continuous decline with almost no rebounds. From a technical structure perspective, on the daily level, the price is under pressure, oscillating around the middle track, and the running channel is in a contracting state. The bearish volume arrangement continues, with no signs of volume contraction despite the presence of thin bars. The moving averages are turning upward but failing to maintain that momentum. It cannot be said that there are obvious signs of a significant decline in the trend, but currently, there is no demand for upward surges. In the short cycle rhythm, it still leans toward weak downward consolidation, and our subsequent strategy focuses on entering short positions.

Operational Suggestions

For Bitcoin, around 81000 to 81500, target 80000 to 79400

For Ethereum, around 2050 to 2080, target 1980 to 1950