Daily chart shows Bitcoin forming three consecutive bearish candles, closing again near 67,000. After breaking above the top of the box range, it quickly pulled back. The daily successfully indicates a bullish trap trend, which may form an upper wick on the weekly chart. Current resistance is at 68,000-69,000, support at 67,000-66,000; Ethereum's daily chart also shows three consecutive bearish candles around 1900, and the previous bullish trend did not break above the top of the box range. This was emphasized as the only variable for the trend. Current resistance is at 1980-2050, support at 1900-1850.



On the 4-hour chart, Bitcoin's rally and pullback to test the support at 67,000 remain effective, with resistance at 68,000-69,000. Ethereum's similar movement tests support at 1920, which is effective, with resistance at 1980-2050. The current market is consolidating sideways. You can consider short positions near resistance levels and long positions near support levels.

Trading ideas:

Short Bitcoin at 68,000-68,500, target 67,000-66,000, cut losses above 69,500;

Short Ethereum at 1980-2000, target 1930-1850, cut losses above 2040;

Strategy is time-sensitive; specific guidance will be provided privately in real-time!
BTC-1,44%
ETH-1,46%
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Vortex_Kingvip
· 03-08 12:47
To The Moon 🌕
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