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Bitcoin and Ethereum trading suggestions and future trend analysis from evening to early morning: 3/11

2026-03-11 14:41:09
Shareshare
Bitcoin and Ethereum Trading Suggestions and Future Trend Analysis (March 11th): The current market is showing a strong upward trend, with clear technical signals, especially the bullish engulfing candlestick pattern, indicating a potential shift in market sentiment from bearish to bullish. However, while increased trading volume confirms the bullish signal, weakening short-term momentum suggests we need to remain cautious. Externally, market sentiment is neutral. Although Bitcoin prices have rebounded somewhat, tensions in the Middle East and reports of losses on public blockchains have increased market uncertainty. Therefore, despite the bullish technicals, we should be wary of potential short-term pullbacks. Analyst Xiao Ma's Diary suggests the following trades: Bitcoin: Short at 70100-71500, target 69000-68500; Ethereum: Short at 2080-2120, target 2020-1980.
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