3.17 Tuesday Mufeng Morning Market Analysis

Yesterday's bullish momentum erupted strongly, pushing prices up to the 75,500 level. We maintained a firm bullish outlook throughout the day, with synchronized public positioning across the entire network, and the market perfectly reflected our analysis. Four intraday Bitcoin trades successfully captured 3,300 points of profit, with precise timing.

Currently, market sentiment is heavily dominated by consolidation, and chasing rallies or selling dips can easily lead to passive positions. To capture large-scale profits, the key is to position in advance and follow the trend.

From the chart structure perspective:
On the 4-hour timeframe, the price remains steadily above the trend channel, indicating a healthy and stable uptrend; the hourly chart shows a unidirectional climb along the moving averages, with smaller trend channels remaining intact, bullish momentum continuing to expand, and the overall strong pattern clearly evident.

Early trading strategy: Focus on trend-following with low-range long positions

Trading recommendations:

- Bitcoin: Gradually add long positions in the 74,500–74,000 range, targeting 76,800

- Ethereum: Gradually add long positions in the 2,360–2,380 range, targeting 2,520