Daily Analysis of the Cryptocurrency Market (3.10) Summary: $BTC Assuming that 78200 marks the beginning of a new daily upward trend, the internal structure consists of a 4-hour up and down sequence. From 78200 to 95000 is the first 4-hour upward movement, which has now concluded. We are currently in the continuation of the second 4-hour downward structure, testing the previous low of 78200. If it doesn't break, it's still a second buy on the 4-hour chart. Yesterday it was mentioned that not breaking 81200 is like a second buy. This morning, if that position breaks, then it indicates the continuation of the second 4-hour downward trend. Regardless of where it lands, breaking 95000 remains the target. This was yesterday's viewpoint, and it remains unchanged today. As long as 78200 is not broken, the expectation for an upward trend still exists. If 78200 is broken, then the daily downward trend from 110000-78200 has not ended and continues. This also means that the current assumption of a new daily upward trend from 78200 is no longer valid, and the expectation for 95000 is also gone. Therefore, 78200 is a crucial key position. 86500 is currently the dividing line between bullish and bearish. To be strong, it must reclaim that level; otherwise, the market still appears weak. This morning, I posted an article indicating that the rebound is a short opportunity, not to say that there won't be a bull market later; there will certainly be a bull market. This is just a pullback during an upward trend. My point is that the market has been relatively weak recently, so the focus is on shorting during rebounds. I definitely believe the overall direction of the bull market is bullish, so please do not misunderstand that a bear market is coming. Currently, there is no narrative or favorable news in the market, so this period of adjustment is quite good. Be patient and don’t get shaken out. Gradually build positions in the spot market: $BTC 80000-78000-76000-74000, buying every 2000 points. $ETH 2000-1900-1800-1700, buying every 100 points.
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