Morning Thoughts on 3/13:
The short-term trend of Bitcoin is dominated by a volatile market. From the current technical pattern resembling a head and shoulders bottom, the price fluctuation range has initially emerged.
The key resistance level above is at 83800. If bullish forces gather in the market and successfully break through this resistance level, it is expected to challenge higher levels at 84500, initiating a new round of upward testing;
Conversely, the key support level below is at 82500. If bearish forces gain the upper hand and the price breaks below this level, the market will likely continue to decline to seek new bottom support.
Emperor Star's Suggestions:
BTC Rebound: Short near 83800-84300
ETH Rebound: Short near 1930-1960 $BTC $ETH #MGX投资币安 #CPI数据来袭 #掌握市场 #SEC推迟多个现货ETF审批 #美国加征关税
The short-term trend of Bitcoin is dominated by a volatile market. From the current technical pattern resembling a head and shoulders bottom, the price fluctuation range has initially emerged.
The key resistance level above is at 83800. If bullish forces gather in the market and successfully break through this resistance level, it is expected to challenge higher levels at 84500, initiating a new round of upward testing;
Conversely, the key support level below is at 82500. If bearish forces gain the upper hand and the price breaks below this level, the market will likely continue to decline to seek new bottom support.
Emperor Star's Suggestions:
BTC Rebound: Short near 83800-84300
ETH Rebound: Short near 1930-1960 $BTC $ETH #MGX投资币安 #CPI数据来袭 #掌握市场 #SEC推迟多个现货ETF审批 #美国加征关税
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ETH
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