币圈币先生
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Bearish
3.23 Crypto Circle Mr. Coin: Bitcoin (BTC) Market Analysis Reference
Bitcoin continued its range-bound fluctuations yesterday, repeatedly testing the upper resistance area around 84500 during the day. However, it was unable to break through again after multiple attempts. The focus moving forward will be on the breakout situation in this area. If it can break through, there is a possibility of the price moving further towards the 85000 resistance area. I hope all crypto friends are prepared. Conversely, if it cannot break through for a long time, there is a risk of short-term price retracement, so it is not advisable to blindly chase long positions before a breakout. Currently, the overall trend remains a wide range fluctuation, with the upper focus at the 85000 line and the lower support at the 82000 line. Before a breakout in the trend, do not chase rising prices or panic sell.
3.23 Bitcoin Short-Term Reference:
Light short position 84500-86000, with a defense at 87500, stop loss: 500, target below 83800.
Long position 83200-82000, with a defense at 80000, stop loss: 500.
3.23 Ethereum Short-Term Reference:
Short position: 2050-2000, with a defense at 2280, stop loss: 2300, target below 1990 (currently holding short position).
Long position 1930-1880, with a defense at 1750, stop loss 50 points, target above 2000.
There may be delays in sending chapters. Strategy suggestions are for reference only. The market changes rapidly. No matter how confident one is in market judgment, always manage take profit and stop loss properly to secure profits.
Bitcoin continued its range-bound fluctuations yesterday, repeatedly testing the upper resistance area around 84500 during the day. However, it was unable to break through again after multiple attempts. The focus moving forward will be on the breakout situation in this area. If it can break through, there is a possibility of the price moving further towards the 85000 resistance area. I hope all crypto friends are prepared. Conversely, if it cannot break through for a long time, there is a risk of short-term price retracement, so it is not advisable to blindly chase long positions before a breakout. Currently, the overall trend remains a wide range fluctuation, with the upper focus at the 85000 line and the lower support at the 82000 line. Before a breakout in the trend, do not chase rising prices or panic sell.
3.23 Bitcoin Short-Term Reference:
Light short position 84500-86000, with a defense at 87500, stop loss: 500, target below 83800.
Long position 83200-82000, with a defense at 80000, stop loss: 500.
3.23 Ethereum Short-Term Reference:
Short position: 2050-2000, with a defense at 2280, stop loss: 2300, target below 1990 (currently holding short position).
Long position 1930-1880, with a defense at 1750, stop loss 50 points, target above 2000.
There may be delays in sending chapters. Strategy suggestions are for reference only. The market changes rapidly. No matter how confident one is in market judgment, always manage take profit and stop loss properly to secure profits.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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