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Market Outlook and Action Suggestions for Bitcoin and Ether on Friday Morning

Time:2024-03-22 Click:102


Unfortunately, our persistence yesterday was not rewarded;

Going long in the evening means you are out of the game, but holding on does not mean holding on to death.

You must be flexible and changeable to cope with the rapidly changing market conditions.

Yesterday, Bitcoin closed negative amid the early morning decline.

In this way, the effect of the big positive line the day before yesterday will be weakened.

If it is a second rise, it must be continuous.

Fortunately, yesterday was considered a weak adjustment and did not retreat significantly.

Judging from the current situation, it is still dominated by shocks.

After stepping back, the pie did not break below the 64500 level.

Short-term support has been established, but there are obvious signs of rising at the bottom.

The current form is still in the process of bottoming out and rebounding upward, with a small decline.

It has basically no impact on the previous day’s increase.

After a slight pullback, the market continues to rebound and rise.

Although the current pace is slow, it is going as expected.

Just keep watching the market outlook!

Friday morning action suggestions:

Bitcoin: Retracement to the 65500-65000 area to go long, with a target of 67000-68000.

Ether: Just synchronize your ideas, pick up the points, and take good defense!

Knowledge is your wealth, choice is more important than hard work, understand everything!

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