On the daily chart, Bitcoin continued to close with a bullish doji candlestick above 70,000. Despite positive CPI data, the price tested 71,500 again but faced resistance and fell back. The 71,500 level, the top of the current trading range, remains a valid resistance. Support levels are at 68,500-65,500. Ethereum also continued to close with a small bullish candlestick near 2050 on the daily chart. The price also tested the 2080 resistance level again but fell back. Overall, it remains within the 1800-2150 trading range. Current resistance levels are 2080-2150, and support levels are 1980-1920-1850. On the 4-hour chart, both Bitcoin and Ethereum have tested the middle resistance level twice before falling back. The shorting strategy near the resistance level yesterday yielded some gains for Bitcoin, while Ethereum is currently at breakeven. Further shorting near resistance levels is recommended. Trading Strategy: Short Bitcoin at 70500-71000, target 69000-68000, stop loss above 71500; Short Ethereum at 2050-2070, target 2000-1950, stop loss above 2100. These strategies are time-sensitive; please refer to the homepage for details and receive private real-time guidance.
3.12 Bitcoin and Ethereum Trend Analysis and Trading Strategy!
2026-03-12 09:45:59
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