Bitcoin/Ethereum has been trading in a narrow range for the past two days, with frequent shifts between highs and lows, indicating a strengthening trend. Our long and short strategies have consistently yielded profitable exits, as previously foreseeable. Currently, the price is surging, and the 4-hour chart shows a strong rebound with several consecutive long bullish candles, indicating that bulls are in control. The current closing price is near the high, with active buying. The price is approaching recent highs around 71000-71500 and 2080-2100, areas that may form short-term resistance. The daily chart shows four consecutive days of gains, forming a clear upward trend and indicating strong bullish sentiment. Technically, the 4-hour MACD indicator shows both the DIF and DEA lines above the zero line, with the DIF line crossing above the DEA line and continuing to diverge upwards, and the red momentum bars continuing to grow, indicating a strong upward trend with ample bullish momentum. However, without any significant news catalysts in the short term, a pullback tonight is possible. Evening trading recommendations: Short Bitcoin around 70300-70800, with a target of 68000-69000; Short Ethereum around 2075-2090, with a target of 1990-2020.
Gu Jingci: March 12th Bitcoin/Ethereum: Long and Short Positions Continue to Profit, with Evening Market Analysis
2026-03-12 13:56:09
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