Bitcoin and Ethereum Evening Trading Recommendations and Future Trend Analysis: 3/12

Last night's market movement was exactly as Xiao Ma analyzed: the positive CPI data on March 12th, coupled with a strong opening in US stocks, boosted Ethereum. However, unfortunately, it failed to break through the strong resistance at 2085, experiencing three or four spikes before ultimately retracing. The hourly chart shows Ethereum has been consolidating around 2085 and 2000 in recent days, which is merely preparation by market manipulators before they begin their profit-taking. Today was another low-volume day, with the overall market remaining sideways. The four-hour chart is currently at a crucial juncture, with yesterday's surge followed by a pullback to near the middle Bollinger Band, where it encountered resistance. The key support level to watch is 69000; a break below this level would open up further downside potential. The hourly chart shows a high-level consolidation after a rally, with significantly weakened upward momentum and accumulating retracement demand. The larger timeframe chart is currently under pressure from the downward trend line, indicating a risk of further retracement. A range-bound trading strategy is recommended for tonight. For Bitcoin, consider shorting around 70000-70500, with a target of 69000-68500. Further downside is expected if the price breaks through this level. For Ethereum, consider shorting around 2060-2080, with a target of 2010-1980. Further downside is expected if the price breaks through this level.