3.30 Thought Sharing
On yesterday's Saturday, a day typically characterized by small fluctuations, Bitcoin and Ethereum saw significant drops, indicating strong bearish sentiment. In yesterday's sharing, it was mentioned that if Bitcoin breaks 83000, one can directly enter a short position, with around 1500 points of potential space.
First, looking at Bitcoin's four-hour level, it has dipped to around 81600 and rebounded, but there are no signs of reversal. Since it hasn't retraced the previous bearish candle, we continue to look for short positions, as a rebound provides a better entry point.
Ethereum is currently almost at the bottom, and some institutions have begun to accumulate positions. I personally expect that even if it drops further in the short term, it will only be one last dip, with a recommendation to enter short on Bitcoin.
Trading Reference:
Bitcoin 83900-83500 for short position, target 82500
Ethereum 1870-1865 for short position, target 1790
#今日市场观点 #BTC