2026-03-04 08:05:40

March 4 Cryptocurrency Market Analysis

【Volatility Breakthrough】
Strategy: ✅ Wait for the second bullish candle ✅
1️⃣ Major Market 【BTC】【ETH】 Current Key Support Levels:
【BTC】
Open Position: Holding
Stop Loss: Close below the 4-hour closing price, 67,000
Take Profit: Partial Take Profit: 70,100, 73,000
【ETH】
Open Position: Holding
Stop Loss: Close below the 4-hour closing price, 1,950
Take Profit: Partial Take Profit: 2,140, 2,270
2️⃣ 【ETH & BTC】 After three days this week, both BTC and ETH are above the 22-day moving average, at least indicating a potential trend reversal signal on the daily chart.
Pay attention to the reversal rally this week, mainly trading long positions. The 4-hour chart shows a W-bottom pattern. After breaking 70,100, the first take profit target is near 73,000. ETH: Breakout at 2,140, with the first take profit near 2,270.
Short positions can be traded with small positions for quick profits and timely closing.
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All opinions are personal views only.
Not investment advice. #DYOR

BTC6,43%

ETH5,39%

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