3.3BTC/ETH Market Outlook:

Bitcoin daily K-line remains under pressure from the MA30 line, but it has now managed to break above it. Whether it can hold this level remains to be seen. Therefore, the bears have recently been unable to establish dominance and can only act cautiously. On the technical indicators, there is a buildup of bullish momentum with a rebound demand. Geopolitical influences are also significant, making long-term positions risky. Be cautious of filling the gap; shorting at high levels is advisable. Short-term trades should take profits when appropriate, reduce positions gradually, and move stop-loss orders accordingly.

The daily Bollinger Bands are slightly opening upward, with the KDJ turning upward, and RSI also trending higher overall. The MACD bullish momentum continues to expand. Indicators suggest a rebound is needed, but the price has been unable to rise significantly, raising suspicion of a false breakout. Shorting is also risky, so proceed with caution—consider high-level short positions.

On the 4-hour chart, all three Bollinger Bands are opening upward and rising. The rebound around the 70,000 level during the midnight session faced double-top resistance and has pulled back. The KDJ and RSI are turning downward, and the MACD bullish momentum is shrinking. Currently, the price is oscillating around 68,300. On the hourly chart, the price is about to test the mid-line support near 68,000 after a pullback. The KDJ and RSI are turning downward, and the MACD is increasing in bearish momentum. In the short term, the market may see a pullback, but it is not suitable to chase short positions directly.

In summary, the intraday strategy remains to be cautious with high-level longs and avoid chasing shorts. Be alert to potential rebounds! Also, some positions are not recommended for chasing gains. Focus on short-term operations, take profits when the market looks good, and be mindful of the significant geopolitical impact! #元宵赏月领红包 $BTC