CPI meets expectations, short positions profit, crypto prices fluctuate slightly, be cautious about chasing gains and cutting losses! 3.12 Bitcoin Auntie Strategy

The US February seasonally adjusted CPI YoY is 2.4%, in line with market expectations, unchanged from last month. Yesterday's precise short entry point was executed successfully. After the data release, the price rebounded and can re-enter the market. Currently, Bitcoin has gained over 1,000 points, and Ethereum can gain dozens of points. Follow the trend and take profits!

The daily chart shows three consecutive bullish candles, and tonight's closing forms a doji star, a very standard Evening Star pattern. Short positions should be well protected with stop-loss and patience. If you missed the entry, continue to wait for the rebound and look for opportunities!

3.12 Short-term Strategy

Bitcoin at 70,500-71,000 continue short, with a stop at 72,000. Target around 69,500-69,000-68,500. If broken, look at 68,000-67,500-67,000. Keep adjusting stop-loss and take profits accordingly!

Ethereum rebound at 2050-2080 continue short, with a stop at 2130. Target around 2000-1970. If broken, look at 1950-1920-1900. Keep adjusting stop-loss and take profits accordingly!

3.12 Long-term Strategy

Bitcoin retrace to 66,000-66,500, try to go long, with a stop around 65,000. Target around 67,500-68,000-69,000. If broken, look at 70,000-70,500-71,000. Keep adjusting stop-loss and take profits accordingly!

Ethereum at 1900-1930 go long, with a stop around 1870. Target around 1980-2000. If broken, look at 2060-2050-2080. Keep adjusting stop-loss and take profits accordingly!

Although the lows have been rising in recent days, prices are still unable to break through the rebound. Don't be overly bullish for now. The current sideways pattern should be treated with caution. If the Middle East situation does not ease, bullish momentum will be hard to sustain. Stay alert!#伊朗明确达成停火协议要求