EthereumTree

The daily chart of Bitcoin has shown a bullish trend since March 10th. My bullish target for Ethereum was 2270, which has basically been reached, but I couldn't hold onto it! It is still above the moving average—buy on dips and follow the trend! Don't go against the trend. If you want to short, you can do a quick trade, but as long as Bitcoin stays above 74,000, you should only go long!!

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Bitcoin ETFs have experienced two consecutive weeks of massive net inflows, which has indeed had a significant impact on the entire market. The latest data shows that on March 10th, Bitcoin spot ETFs had a net inflow of over $251 million, and none of the twelve ETFs experienced net outflows. This all-around positive inflow is extremely rare in history. The net inflows of BlackRock IBIT and Fidelity FBTC dominate, with a total inflow of $568 million over the past week, pushing Bitcoin's price above $72,000.

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