$BTC $ETH Morning Market Analysis: Released at 13:03 on March 10th

A new week begins with the overall market still oscillating within a large range. Most altcoins have bottomed out. Going forward, pay more attention to altcoins that are moving independently, and observe when the main market breaks out of the range. Set the tone for spot trading and swing operations. All take-profit and stop-loss actions here will be reviewed and analyzed. Learn to respect the market. Only through review and reflection can you become stronger. To our fans who choose to trust me, I recommend studying my trading philosophy. I will occasionally prepare educational materials and benefit courses for everyone. If you like the host, follow us and observe whether it’s worth subscribing! Thank you all for your support!

First, we see that Bitcoin closed at around 68,829 on the daily chart this morning. It has been trading within this range for over a month. The probability of a rate cut in March is very low. There’s not much good hype lately. It’s expected that the market will find a direction next week to prepare for April. On the daily chart, watch for a breakout above 74,000 and support at 62,800. These two levels serve as reference points for the large range. Currently, Bitcoin is relatively strong in the daytime, with the next 1-2 days range as reference. Watch for resistance at 72,270-76,768 and support at 67,822-63,927. Intraday trading can mainly focus on buying on dips. Suggested operation: go long at 68,858 with a stop at 68,273. Time frame: 4 hours.

Second, the weekly chart of Ethereum shows a large divergence between bulls and bears, with some signs of bottoming. It depends on whether it can hold above 2,100 this week to sustain the bullish momentum. Support at around 1,830 is key. The large range on the daily chart is 2,150-1,850. The breakout direction depends on smaller timeframes. For the next 1-2 days, watch for resistance at 2,083-2,197 and support at 1,973-1,870. Intraday, a bullish bias is recommended. Operation suggestions: focus on buying near 2,008-2,015 with a stop at 1,990. For left-side trading, consider selling near 2,083 with a stop at 2,103. Time frame: 4 hours. Good luck to everyone!

Note: The suggested levels are based on 1% position sizing. The analysis is time-sensitive; real-time guidance is based on live broadcasts. These are personal opinions and for reference only. Use small capital for compound growth. Good luck! #加密市场上涨 #Gate2月透明度报告 #微策略再砸12.8亿美元增持BTC #稳定币市值创新高