Morning View on March 8:
The overall price comparison of Bitcoin has shown a downward trend recently. On the 4-hour chart, the price comparison has broken below the middle band of the Bollinger Bands and continues to decline. The current fluctuation is around 112600, close to the previous low support. From a technical perspective, several bearish signals have appeared, but accompanied by a bottom formation, indicating that the market has not completely deviated from the possibility of a rebound.
Trading Suggestions:
Long at 112000-112300, target 113400-114400, stop loss at 111700.
For Ethereum: Long at 3330-3360, target 3450-3550, stop loss at 3300.
(The market is ever-changing, for reference only!)
