The price attempted twice to surge above 70,000 but failed to hold steady. The daytime trend has clearly been overall bearish. The lowest drop was to 66,000. Although there is a slight rebound now, it is not enough to reverse the downward trend.
In the evening, the US stock market is likely to test the lower boundary. If the lower boundary is broken, it could open up a new round of downward space. It is recommended to follow the trend and go short.
Trading Suggestions Short around 68,800-69,300, target around 66,000 Ethereum short around 2,000-2,030, target 1,930-1,900 $BTC $ETH #元宵赏月领红包 #加密市场反弹
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3.3 Tuesday Mufeng Evening Mainstream Coin Trend Analysis
The price attempted twice to surge above 70,000 but failed to hold steady. The daytime trend has clearly been overall bearish. The lowest drop was to 66,000. Although there is a slight rebound now, it is not enough to reverse the downward trend.
In the evening, the US stock market is likely to test the lower boundary. If the lower boundary is broken, it could open up a new round of downward space. It is recommended to follow the trend and go short.
Trading Suggestions
Short around 68,800-69,300, target around 66,000
Ethereum short around 2,000-2,030, target 1,930-1,900
$BTC $ETH #元宵赏月领红包 #加密市场反弹