March 4th BTC/ETH Market Strategy


Thank you all for your support during last night's live session. Here, whether analyzing the chart or executing trades, it's a simple mode—taking the current support and resistance within the breakout outlook, and observing the box range oscillation. The position has remained relatively stable; entering at well-chosen points in either direction can yield value.

BTC: The deep dip during the night session confirmed the support at 66,300 was effective. During the live, I mentioned that the right-side box needs to form a horizontal platform to digest yesterday’s correction. So far, the horizontal consolidation is solid. Currently, the main force is approaching 69,000, which could break free from the previous wide-range shakeout and push towards the target of 71,400. The intra-day range of 68,000-68,200 is the core support zone. 67,150 remains the critical dividing line; a break below invalidates the logic. If high leverage traders want to play, they should attempt to test the resistance at 69,000—if broken, it’s time to exit. See the chart for details.
$ETH
ETH: Last night’s live session discussed 1952 as a key level. During the night, it briefly surged to the 2000-2015 range, but volatility was high, making it easy to get whipped out by downward spikes. This reflects the current market situation. After breaking 1965, it managed to stay above, so the challenge of the second wave remains significant. The consolidation range from 1965 to 2000 is sufficient and could provide the momentum to push upward toward 2000-2015, ideally breaking above 2038-2075. As long as it recovers this level, the subsequent resistance at 2100-2200 will be easier to overcome. Use resistance levels for short-term attempts. See the chart for details.
ETH4,43%
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