Analyst Liang Qiu: 3.21 Bitcoin/Ether Bull and Bear Multiple Verifications Attached with Latest Market Analysis

Success will not visit the doors of those who only think and do not act, and those who only talk and do not do. What we need is not just dreams, but also the effort put into achieving those dreams. Bitcoin/Ethereum has seen a rise in recent days followed by a pullback and fluctuation, with a significant overall amplitude. Our repeated positioning around 81000 and 1870 for long positions has also yielded profits multiple times, and friends who followed this strategy have also done quite well overall. Currently, the market is experiencing a pullback and consolidation. Last night, Bitcoin and Ether dropped to a low of 83600 and around 1950 before starting a weak rebound. The overall amplitude is gradually narrowing. However, looking at the daily MA indicators, the 7-day and 10-day moving averages have not broken down, with support levels below at around 1940 and 83000.
Bitcoin/Ethereum K-line pattern shows recent prices fluctuating at high levels, with multiple long upper shadows indicating heavy selling pressure above. After forming a large bullish candle two days ago on the daily chart, there has been a pullback for two consecutive days, suggesting a weakening of upward momentum in the short term. In terms of technical indicators, the 4-hour MACD is in the negative territory, and the fast and slow lines are gradually approaching the zero line, indicating a reduction in bearish strength, but caution is still needed as the rebound may lack strength. The trend reversal is not instantaneous; as long as the support below holds, the market will continue to fluctuate upward.
On the operation side, Liang Qiu suggests going long on Bitcoin around 83500 to 84000, with a target near 86000; for Ether, go long around 1940 to 1970, targeting near 2040.
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