3.10 Tuesday Evening Market Analysis



Bitcoin's intraday bullish momentum continues to expand, with prices oscillating upward to around 71,200. Currently, it has slightly pulled back to approximately 70,200.
The short positions taken in the afternoon were perfectly executed, capturing a 760-point profit.

Currently, from the 1-hour chart, the price is under pressure at the upper band of the Bollinger Bands, which are opening downward. The MA5 and MA10 moving averages have a death cross, indicating a slowdown in the bullish trend.

Evening Strategy

BTC: Short around 70,800–71,300, target: 69,800–68,800

ETH: Short in batches around 2,080–2,100, target: 2,030–2,000
BTC3,13%
ETH2,34%
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