2026-03-03 12:25:13

Tuesday Evening Jingyi Trading Strategy Analysis

The candlestick structure clearly indicates a bearish bias. The price has continuously broken below short-term support, and the bulls are struggling to defend; the rebound lacks volume, and the body is relatively small, failing to recover the initial drop point, indicating a weak technical correction. Rebounds face resistance and are considered high-level short opportunities.

The Bollinger Bands are narrowing, with the upper band facing resistance and the price moving along the middle band downward. The middle band has turned into a resistance level, and the momentum is relatively weak. The market is likely to test the lower band; if it breaks below, a new downward move could open up. Overall, the market is dominated by bears, with weak rebound sustainability and heavy selling pressure above. Maintain a strategy of riding the trend for short positions, and wait for a bottom stabilization signal before adjusting the approach.

Trading Recommendations
Bitcoin rebound around 682-690 short, target 675-655
Ethereum rebound around 1995-2050 short, target 1950-1860

Personal opinion, for reference only #元宵赏月领红包

BTC-2.43%

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