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3.16 Monday BTC.ETH Latest Market Update
Last week's flipping plan concluded smoothly, this week continue focusing on sideways consolidation, planning 3 flipping operations, pay attention to my message notifications daily for operations, coordination is key!
From the four-hour perspective, the current market has gradually stabilized and rebounded, with clear bullish warming signals visible: the Bollinger Bands three rails continue expanding outward, indicating accumulating upward momentum in the market, with good continuity in the bullish trend; meanwhile, the MACD indicator has formed a golden cross and continues to diverge, further confirming the current strong bullish pattern.
Switching to the hourly level, the K-line has strongly broken through the upper band of the Bollinger Bands, continuously pushing the chart's center of gravity upward, with the entire market now dominated by bullish forces.
Operationally, it is recommended to go long following the current stage consolidation range:
BTC 71200-72200 long, targeting 74000 strong resistance breakthrough;
ETH 2120-2150 long, targeting 2250 resistance.
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