Daily Market Analysis of Cryptocurrency (03.20)

I wrote a lot and sent it out, just look at the chart and no summary.

On operations:

1. Holding short position for $BTC , take profit at 59000. (You can also take profit at the weekly EMA60 first, around the 73500 level).

2. Currently, I have no long positions for $SOL and $ETH , focusing on short positions, or until Bitcoin enters the next range for consolidation.

On the short term:

1. If you want to go long, the only opportunity is to go long at the current price with a 1000-point stop, taking profit at 89000. Or take profit at 89000 for half, and let the remaining half ride to gamble for 92000. After reaching that point, take a short position. Ethereum/SOL follow the same operation.

2. Light short at the current price, add positions at 89000/92000, take profit for half at 73800, and let the remaining half gamble to 59000. Ethereum and SOL synchronize.

But be aware, Ethereum and SOL might have completed their downward movement on the weekly chart, so the rebound might exceed expectations. If Ethereum stabilizes at 2100 and SOL at 135, the loss should still be taken, and re-enter at the two high points of 2500/147. The profit can still cover the losses, so don't worry about it.

[After this market analysis, the next one will be written in early April due to family matters.]