The market trend in the early morning of 3/4 is on a downward trajectory, with significant fluctuations in the short term.

In the short term, the overall market shows a clear downward trend. K-line analysis indicates multiple occurrences of large bearish candles, emphasizing downward pressure. The market encountered resistance at the recent high of 93666.0, while the low of 86700.0 after several declines demonstrates support strength. The MA indicators show that the short-term moving average (MA7) and the long-term moving average (MA30) have formed a death cross, further confirming the current market weakness.

Although the market has stabilized near the low, the rebound is quite strong. #Bitcoin #Blockchain #Crypto #Market #Trader

Suggestions for trading: Buy Bitcoin near 86800 to 87000, with a target around 89500; for Ethereum, buy near 2150-2170, with a target around 2300. The market is fluctuating too quickly, so it is important for everyone to follow real-time guidance. $BTC