Daily Market Analysis in Cryptocurrency (03.19)

Summary:

1. The current rebound in the U.S. stock market serves two purposes: one is to fill the gap at 17720, and the other is to complete the aggressive short squeeze before the interest rate decision.

2. As is well known, the direction will emerge after 2 AM, so the direction from evening to 2 AM is highly likely to be the opposite.

3. Summary of the macro economy.

4. Personally, I lean towards a dovish stance in Powell's speech.

5. Let's talk about gold.

6. Let's talk about the Nasdaq.

7. A phase of market movement ends with acceleration.

8. After a daily-level bottom divergence, if it doesn't rise, then the sideways consolidation during this period is somewhat like a horizontal rise instead of an actual rise.

9. The mainstream sentiment is still about finding bottoms and bottom fishing; do not have bottom-fishing thoughts in the short term.

In terms of operations:

1. $BTC holding short positions, with a take profit at 59000. (It can also be taken at the weekly EMA60 for profit, around the 73500 level).

2. $SOL \$ETH currently have no long positions and focus mainly on short positions, or until Bitcoin enters the next range for consolidation.

Short-term outlook:

1. For swing traders, it is not recommended to operate long or short today, as there is a small probability of a daily-level upward movement from this point (but the higher probability is still downward). After breaking and stabilizing above 85000, go long and look for 92500; for Ethereum, after breaking and stabilizing above 2100, we will look for 2800; for SOL, after breaking and stabilizing above 135, we will look for 180.

2. For trend short positions, if the position is not good, after Bitcoin stabilizes above 85000, Ethereum above 2100, and SOL above 135, cut losses in time and prepare to re-enter at higher levels. If the position is good, you can continue holding until Bitcoin breaks below 60000, at which point the first weekly-level downward move can be considered officially completed.

3. If you want to bet on downward movements, then the closer Bitcoin gets to 85000, Ethereum to 2100, and SOL to 135, the higher the level, the more it is a short.

4. Notes