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Bitcoin Ethereum March 9 Operation Plan Still Bearish But Be Alert for Sudden Rebound
The bulls completed the release of trapped positions from the past three weeks last week. Now, affected by negative news, the market is declining again, and the price has returned near the lower boundary of the range. The closer it gets to this level, the more likely a violent rebound will occur after a halt in the decline. There have already been three instances on February 25, March 2, and 4, and more are expected.
Currently, the highs and lows are mostly within the strategy. The oscillating market is very fast-paced, so it’s important to follow the rules and execute profit and loss management promptly.