March 10th Bitcoin Market Analysis Strategy:

Currently, the recent candlestick chart shows a series of bearish candles, indicating that the market is in a downtrend. The daily chart has long upper and lower shadows, indicating significant market volatility, with selling pressure and buying interest. The MACD bullish and bearish energy chart remains in the negative region, and both DIF and DEA are diverging downwards, showing strong bearish momentum. The RSI value is close to the oversold zone but has not yet entered extreme oversold territory, which may indicate a short-term rebound demand. Prices are below EMA7, EMA30, and EMA120, indicating a weak overall trend, with EMA forming resistance levels. The Williams indicator shows that the current state is oversold, possibly suggesting a short-term rebound demand, but the continuously shrinking trading volume indicates insufficient buying power, and the rebound strength may be limited. In terms of the MACD indicator, a dead cross has formed at the weekly level, indicating that the mid-term may maintain a wide-ranging oscillation pattern, possibly continuing until June, with short-term fluctuations likely to be suppressed by this. In the previous market on March 5th, a divergence between volume and price was observed, which ultimately led to a risk of correction; a similar situation currently requires caution against high-level pullbacks. For more detailed ideas and strategies, please follow the homepage or live trading: btc08010

BTC Suggested Trading Levels:

Enter short positions in the range of 83800—82800,

Take Profit: 80300—79500

Stop Loss: 84600

ETH Suggested Trading Levels:

Enter short positions in the range of 2120—2070

Take Profit: 1960—1880 (Conservative traders may reduce positions and hold patiently)

Stop Loss: 2170

Market analysis only predicts direction; the strategies provided are for reference only! Because each person's positions, prices, and risk tolerance, as well as investment trading cycles, are completely different. Therefore, personalized advice cannot be provided. Investing involves risks, and one must be cautious when entering the market.