3.28 Bitcoin Market Analysis ~ Future Trading Ideas
In the past two days, Bitcoin has continued to experience slight fluctuations and adjustments within a range. The short position we laid out on Monday also captured a decent profit!
Currently, after the daily update, the price is consistently hovering near the MA5 and 10-day moving averages, showing a mixed bullish and bearish arrangement. Although MACD and KDJ indicate a bullish trend, trading volume has not picked up, and with strong resistance at the 89000 level, the market is oscillating between 86000 and 89000.
On the 4-hour level, the Bollinger Bands continue to contract, with the MACD line starting to trend downwards and bearish volume beginning to increase. The KDJ line is flattening and diverging downwards; when combined with the hourly chart, it suggests that Bitcoin is leaning towards slight weakening fluctuations in the short term. Therefore, for the market trend from the early morning of the 28th to the morning, my personal view remains to focus on short positions after a rebound.
Trading Ideas: Bitcoin: Short at 87500-88200 Target: 86000-84500 Stop Loss: 88600
Ethereum's trend is basically in sync with Bitcoin, but the trading volume is relatively small. The price touches the 30-day moving average on the daily chart and continues to be suppressed, coupled with an overall trend weaker than Bitcoin, so the short-term idea is to set up short positions after a rebound at high levels.
Trading Ideas: Short at 2025-2055 Target: 1980-1950 Stop Loss: 2075
For the short term, let's leave it here; further updates will continue at #美国加征关税 .