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Bitcoin and Ethereum Evening to Early Morning Trading Recommendations and Future Trend Analysis: 3/11 The current market shows a strong upward trend, with clear technical signals, especially the bullish engulfing candlestick pattern, indicating that market sentiment may be shifting from bearish to bullish. However, despite the volume increase confirming the bullish signal, the weakening short-term momentum suggests we should remain cautious. External factors include a neutral market sentiment; although Bitcoin prices have rebounded, tensions in the Middle East and reports of losses on public blockchains have increased market uncertainty. Therefore, despite technical support for a bullish outlook, caution is advised for potential short-term pullbacks.
Analyst Xiao Ma's Daily Trading Advice:
Bitcoin around 70,100-71,500 short, target around 69,000-68,500
Ethereum around 2,080-2,120 short, target around 2,020-1,980