3.6 Friday Afternoon Market



The market remains in a range-bound oscillation, with the hourly chart moving along the lower band of the Bollinger Bands. This morning saw only minor corrections with limited volatility.

ETH fluctuates narrowly between $2078 and $2093, with Bollinger Bands narrowing and moving averages converging. The market is balanced between bulls and bears, with support at $2050.

Trading strategy: Focus on shorting during rebounds from high levels, closely monitor support and resistance within the range, and adjust positions accordingly.

- BTC: Short at 71,500–72,000, stop loss at 72,500, take profit at 70,400–68,500
- ETH: Short at 2090–2120, stop loss at 2150, take profit at 2040–1960

The major non-farm payroll data will be released tonight. Be cautious of risks and adjust your strategy accordingly.
ETH-5.27%
BTC-4.32%
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