2026-03-09 22:55:44

3.10 Morning Market Analysis and Trading Recommendations

The 15-minute chart shows a surge to 69,498 followed by a continuous pullback, with the lowest point touching 68,200. This is a typical false breakout and shakeout pattern, indicating that short-term market sentiment remains unstable.
The middle band of the Bollinger Bands at 67,018 is acting as a strong resistance. The price is staying below the middle band, consolidating with oscillations, and the bullish trend remains clear.

The strategy is to mainly go long on dips, riding the rebound, and maintaining a cautious approach.

Trading Recommendations

Bitcoin: Go long around 67,800, targeting 69,000—70,000

Ether: Go long within the 1,970—1,920 range, targeting 2,040—2,090

BTC5,41%

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