3.13 Bitcoin and Ethereum Morning Strategy

Daily chart: Bitcoin has formed four consecutive bullish candles. Price has broken above the previous high this morning with strong momentum. The Bollinger Bands are beginning to gradually widen, with the coin price consistently running below the upper band. Overall structure remains strong. From a technical indicators perspective, KDJ has turned upward again forming a golden cross, MACD dual lines continue diverging upward, volume has expanded slightly, and short-term bulls are taking the initiative.

However, it's worth noting that U.S. stocks opened and closed lower last night, yet Bitcoin did not experience a corresponding pullback. This is primarily driven by sustained inflows from spot ETF funds, with market sentiment being artificially supported.

However, macro uncertainty still exists, with the Middle East situation and Iran conflict remaining potential variables. As long as the situation continues to develop, risk-off sentiment could warm up at any time, and the market faces the possibility of another pullback at any time. While the technical bias is bullish, I won't blindly chase rallies—pullbacks still require caution.

Personal Suggestions:
Bitcoin: Enter short at 71500-72300, target downside 70000, if not broken reverse to long
Ethereum: Enter short at 2120-2150, target downside 2060, if not broken reverse to long
$BTC $GT $ETH #Gate2月衍生品市场份额创新高 #比特币支撑阻力位分析