Bitcoin and Ethereum are primarily short-term long positions during early morning trading: On 3/6, Bitcoin and Ethereum experienced continuous fluctuations and declines overnight. Short-term long positions were established during early morning, with shorts entered above 70,500 and 2,060 levels. Throughout the early morning, the market kept testing higher levels, reaching around 71,530 and 2,099. Overall, there was still some room for movement. All previous analysis ideas were clearly communicated and can be reviewed. Currently, the market remains range-bound, oscillating within a certain interval, and the trend is weak. The overnight news did not significantly boost the market, so the trend leans towards weakness. Therefore, analyst Xiao Ma's daily advice is to mainly short on rebounds and upward movements! Enter short positions near 71,000-71,500 for Bitcoin, targeting 70,000-69,000; enter short positions near 2,080-2,120 for Ethereum, targeting 2,010-1,970.

BTC-3,09%
ETH-3,47%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin