Maple Looks at Trends: Morning Market Analysis on 3/17 with Trading Suggestions

Recently, the overall market for Bitcoin/Ethereum has been consolidating within a wide range, with both bulls and bears lacking strong momentum. Today's technical structure shows a weakening rebound in the KDJ and MACD indicators, while the three-day moving averages on the main chart continue to face downward pressure. However, the current MACD and KDJ on the 4-hour level have stabilized, indicating a reduction in downward volume. Although the short-term coin price has retraced somewhat, there remains strong buying pressure at the bottom as key support, and there is a significant gap with the five-day moving average. It is expected that the market will continue to rebound and adjust in the short term. For trading, one can consider participating with a long strategy on retracements, specific levels can be referred to as follows:

BTC: Buy between 81500-81000, target 83500

ETH: Buy around 1860-1830, target 1930

The market is ever-changing, and this article is somewhat delayed; specific actions should be guided by real-time market conditions. If you have any questions, feel free to inquire. #BTC走势分析 #ETH