Daily Market Analysis in the Crypto Space (03.09-03.10)

Summary:

1. Some fans asked me to talk about gold and natural gas, so I’ll share a bit over the weekend (as shown in the chart). By the way, I recommend that while trading cryptocurrencies, you also pay attention to other products, as it can only benefit you.

2. Compared to the breakout of the triangular convergence, the breakout of the orange line (as shown in the chart) is more important. This means that the line at 73500 is inevitable, and it is very likely to happen this week.

3. The main force may not necessarily pull back to the 85500-86000 line; it is more likely to go to 73500 first.

4. I've seen some retail investors and KOLs expecting market movements after interest rate cuts. I have two questions: In the bullish market of 2023, will the Federal Reserve cut or raise rates? From 15500 to 73800, was there any rate cut?

5. I will discuss the operational skills of U.S. stocks and altcoins in the next couple of days.

6. I haven’t systematically cleared black fans for a long time; I will do a unified cleanup this month. Many rumors have been clarified multiple times, and there’s no need to continue clarifying. Anyway, the black fans don't want to see my content, and I don't want to see their comments, so it’s a win-win situation.

Operations:

1. Holding short position $BTC , take profit at 59000. (You can also take profit at the weekly EMA60 first, around the 72700 line).

2. Currently, I have no long positions for $SOL \$ETH , focusing on short positions or until Bitcoin enters the next range for consolidation.

Short-term:

1. Place a long order for Bitcoin at 73500, do not set a stop-loss for now, just control your position to avoid liquidation. After the pin forms, use the pin as the stop-loss price, and set the take-profit target with a risk-reward ratio of 1.5:1.

2. Place a long order for Ethereum at 1818, do not set a stop-loss for now, just control your position to avoid liquidation. After the pin forms, use the pin as the stop-loss price, and set the take-profit target with a risk-reward ratio of 1.5:1.

3. Place a long order for SOL at 98, do not set a stop-loss for now, just control your position to avoid liquidation. After the pin forms, use the pin as the stop-loss price, and set the take-profit target with a risk-reward ratio of 1.5:1.

4. If Bitcoin pulls back to the 86000 line during the day, enter a short position, defend 1500 points, and take profit at 73500. Handle Ethereum and SOL simultaneously.