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March 31 BTC/ETH:
An analysis as fierce as a tiger, whether the rise and fall are all just unreliable speculation?
This market is also interesting. Originally, the continued decline was thought to be over after Trump mentioned ending the geopolitical conflict. The release of oil supply pressure caused a sudden rebound in cryptocurrencies and gold safe-haven assets. Whether the decline is truly over remains uncertain, as it was only Trump's unilateral statement. However, yesterday's BTC-ETH correction still reached the expected target level. Today is the last day of the month, about to close the monthly candle. Be sure to keep your defenses up to prevent sudden drops!
BTC
Currently, the candlestick shows a bullish engulfing pattern, but the trading volume is low, indicating insufficient upward momentum. There's a high possibility of false signals. Watch the resistance at 6840 during intraday trading. If the hourly level cannot hold steady, it suggests the rebound lacks strength. If it can stabilize above, look for a possible move toward 7000. Continued correction would only be significant if it breaks below 6700 for a retest. Overall, focus remains on higher levels.
Position around 6800-6850 for the main buy zone, add at 7000, with a target of 6630-6500 if 6700 breaks downward.
ETH
Focus on the 2073-2098 range, with support at 2147. The target is to watch for a break below 2026 toward 1980-1895.
Short-term trading should be flexible and adjusted according to your own position. Defense levels depend on your actual holdings! $BTC #鲍威尔鸽派发言重燃降息预期