1. Market Review: Bull Trap or Real Decline? This week's market has repeatedly oscillated near the 1-day EMA7, with intense long-short positioning battles. We maintained good restraint, avoiding blind short entries at BTC 70000 / ETH 2052, and closed shorts in the 69700-69400 range for profits. The current oscillating trend aligns with our expectations for "major player washout." 2. Trend Analysis: Bulls Hold Probability Advantage, Clear Defense Levels With improvement in the monthly bearish pattern, the March-April market environment may shift from weakness to strength. While BTC faces some selling pressure near 74000, if it can effectively hold above, upside potential could open toward 78000-83000 levels. We maintain a mid-term consolidation-higher bias, but don't rule out sharp washouts in the short term. 3. Trading Strategy: Control Position Size, Seize Timing Strategy: Capturing rebound profits requires patience. Recommend reducing leverage multiples, widening liquidation distance, and giving price action room to fluctuate. Action: Watch for weekend volume contraction pullback opportunities. If lower support holds, consider staged bottom position accumulation, awaiting next week's directional confirmation. Spot: Recommend maintaining confidence, taking profits at stages. 📍 Support Reference: BTC: 65000-64000 | ETH: 1980-2010 💡 Summary: Follow the trend, stay patient and calm, await market's final confirmation signal
📊 BTC/ETH Phased Review: Washout Approaching Completion, Focus on Key Level Battles
1. Market Review: Bull Trap or Real Decline?
This week's market has repeatedly oscillated near the 1-day EMA7, with intense long-short positioning battles. We maintained good restraint, avoiding blind short entries at BTC 70000 / ETH 2052, and closed shorts in the 69700-69400 range for profits. The current oscillating trend aligns with our expectations for "major player washout."
2. Trend Analysis: Bulls Hold Probability Advantage, Clear Defense Levels
With improvement in the monthly bearish pattern, the March-April market environment may shift from weakness to strength. While BTC faces some selling pressure near 74000, if it can effectively hold above, upside potential could open toward 78000-83000 levels. We maintain a mid-term consolidation-higher bias, but don't rule out sharp washouts in the short term.
3. Trading Strategy: Control Position Size, Seize Timing
Strategy: Capturing rebound profits requires patience. Recommend reducing leverage multiples, widening liquidation distance, and giving price action room to fluctuate.
Action: Watch for weekend volume contraction pullback opportunities. If lower support holds, consider staged bottom position accumulation, awaiting next week's directional confirmation.
Spot: Recommend maintaining confidence, taking profits at stages.
📍 Support Reference:
BTC: 65000-64000 | ETH: 1980-2010
💡 Summary: Follow the trend, stay patient and calm, await market's final confirmation signal