Analysis for the afternoon of March 30:



Tonight at 10:30 PM, Federal Reserve Chair Jerome Powell will deliver a major speech. Market expectations suggest that volatility will significantly increase, and the market could be highly unpredictable.

From a technical perspective, the MACD yellow and white lines are rising above the zero axis, showing a classic bottom divergence correction pattern. This indicates that the bearish momentum has clearly weakened, and the bullish forces are gradually gathering strength, preparing for a rebound.

Previously, it has been repeatedly emphasized that this downward move is only due to news-related disturbances and does not pose extreme risks like a black swan event. Based on the current trend, short-term strategies should focus on shorting within high-level ranges, while medium- to long-term positions remain firmly bullish, aiming to seize trend-based bullish opportunities.

- Bitcoin (BTC):
Enter short positions near the 68,000–68,500 range, targeting the 67,000–66,500 range; expect further downside if broken.

- Ethereum (ETH):
Enter short positions near the 2,080–2,100 range, targeting the 2,000–1,980 range.
BTC1,16%
ETH3,16%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin