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3.12 Morning Market Analysis
Quickly retreated from the high point of 70917, Bollinger Bands opened downward and diverged, indicating strong bearish momentum and weak short-term rebound strength.
Resistance is at 70600, support is at 70400. If the support is broken, the next target is around 70360.
Trading Suggestions
Bitcoin rebounds to around 70700-71200 to establish a short position, with a target of 70000. If broken, then look towards 68000→67500.
Ethereum rebounds to around 2075-2090 to establish a short position, with a target of 2055. If broken, then look towards 2000→1980. #Gate蓝龙虾重磅上线 #美股收盘加密概念股普涨 $BTC $ETH