Daily Market Analysis in Cryptocurrency (03.14)

Summary:

1. The surge in U.S. stocks before the market opened was merely a rebound after a significant decline, which is reasonable from both structural and main operator's logic perspectives.

2. The overnight reverse repo (RRP) accounts were cleared, and there will be $270 billion in U.S. Treasury bonds issued next Monday and Tuesday, so be cautious about liquidity crises, as next week may see a waterfall washout.

3. The A-shares have currently reached the top of a consolidation range; it is advisable to sell everything next Monday and wait for a pullback before buying again below 3150. The bull market for A-shares is expected next year, not this year.

4. Future gold prices are promising, and I won't elaborate further, but on a smaller scale, it is still forming a top here.

5. The rise that started from 76500 has two possibilities on the 1-hour and 4-hour levels, with corresponding differences and operational plans as illustrated.

6. The mission in the first phase of a bear market.

7. Cultivating long-term thinking.

8. Buy where no one pays attention, and sell when there is a lot of noise. Don’t do the opposite.

Operationally:

1. Holding a short position at $BTC , with a take profit at 59000. (You could also take profit at the weekly EMA60, around the 73500 level).

2. Currently, $SOL \$ETH does not have long-term positions, focusing mainly on short positions or waiting until Bitcoin enters the next consolidation range.

Short-term:

1. Directly short Bitcoin at the current price, with a stop loss at 85000 and take profit at 73500. ETH/SOL in sync.

2. If the stop loss is hit, then buy on the pullback at 82500, targeting 88000. ETH/SOL in sync.

3. Next Monday and Tuesday may see a waterfall washout; Bitcoin at 73500, Ethereum at 1650, and SOL at 98 still represent a good entry point for longs. There will surely be a rebound when the market reaches these levels. However, after the rebound, it is advisable to take profits and not hold for too long.