One, BTC/USD strategy analysis

Core logic: Warning of leveraged overheating under the dominance of spot buying

Key data:

- Exchange reserves drop to 2.23 million (lowest since 2021)

- Perpetual contract funding rate 0.08% (30-day average 0.03%)

- MVRV-Z score 2.7 (2.5-3.0 is a high-risk range)

Technical resonance analysis:

1. Gann Fan Line: Strong support at $87,000 formed by the daily 1×1 angle line, overlapping with EMA15 moving average

2. Wave Theory:

- A breakout above $88,500 (March 20 high) will confirm the extension of the fifth wave, target $89,500-$90,000

- Breaking below $86,000 (Dow trend line) will open the ABC correction structure

Strategy Execution:

- Long position: Accumulate in batches in the range of $87,200-$87,500, stop loss at $86,000, target $89,000/$89,500

- Short position: Try to short when there is a volume-price divergence above $89,000, stop loss at $89,800, target $87,500

Two, ETH/USD strategy analysis

Core logic: Giant whale accumulation and the bull-bear game in technical aspects

Key data:

- Stablecoin market cap increased by 1.2% month-on-month, but ETH on-chain trading volume decreased by 8%

- Whale addresses (holding 100,000+ ETH) net bought 153,000 coins in the past 7 days

- $2,100 option exercise volume reaches $230 million

Technical resonance analysis:

1. Wyckoff Distribution Theory: Supply test signal appears with shrinking volume and rising price at $2,100 resistance

2. Harmonic Pattern: The range of $2,030-$2,100 forms a 'bullish bat' pattern, breaking $2,106 completes the pattern confirmation

Strategy Execution:

- Long position: Accumulate in batches in the range of $2,030-$2,050, stop loss at $1,950, target $2,100/$2,150

- Short position: Lightly short when encountering resistance above $2,106, stop loss at $2,150, target $2,000

Three, altcoin opportunity exploration

1. RWA track (real asset tokenization)

- OM (Mantra DAO):

- Daily EMA12/26 golden cross, RSI breaks through the neutral zone at 60

- Support level: $7.26 (200-day moving average), target $8.5

- BKN (Brickken):

- Breakthrough of the key resistance at $0.33, good volume-price correlation

- Support level: $0.31, target $0.38 (March 15 high)

2. AI + DePIN track

- PINAI:

- BlackRock European Technology ETF funds outflow benefiting targets

- Support level: $0.165 (Fibonacci 38.2% retracement level), target $0.21

Four, risk control system

1. Position management:

- Single transaction risk ≤ 2% of total capital

- BTC/ETH leverage ratio ≤ 3 times, altcoins only participate in spot trading

2. Key stop loss level:

- BTC: Breaking below $86,000 (Dow trend line + whale cost area)

- ETH: Breaking below $1,950 (February 2025 low + concentrated option exercise price)

3. Event Warning:

- March 27, US PPI data (expected year-on-year +2.4%)

- April 11 SEC cryptocurrency roundtable

Five, execution points

1. BTC: Focus on the effectiveness of the $87,000 support, increase position on a breakout above $88,500

2. ETH: The resistance area at $2,100 needs to be broken with volume, otherwise high sell low buy

3. Altcoins: Prioritize the top 10 coins by capital inflow, set a 15% dynamic stop profit

(Note: The above strategies are based on historical data and technical analysis, the market is risky, decision-making requires caution)