Bitcoin's recent trend structure is extremely clear, with standard oscillating uptrend and very strong trend continuation. The bullish momentum is clean and decisive.
On the 4-hour level, the Bollinger Bands are opening upward, with price running steadily above the middle band. The lows continue to rise, and the complete ascending channel remains intact. The MACD continues to expand volume above the zero line, with ample bullish momentum remaining.
The current market is still dominated by bulls. Follow the trend and treat pullbacks as buying opportunities. Avoid shorting against the trend.
Operation Suggestions
Bitcoin: Go long in the 72700–73200 range, targeting 75000, 76000
Ethereum: Go long in the 2270–2300 range, targeting 2380, 2450
3.17 Tuesday Muofeng Evening Market Analysis
Bitcoin's recent trend structure is extremely clear, with standard oscillating uptrend and very strong trend continuation. The bullish momentum is clean and decisive.
On the 4-hour level, the Bollinger Bands are opening upward, with price running steadily above the middle band. The lows continue to rise, and the complete ascending channel remains intact. The MACD continues to expand volume above the zero line, with ample bullish momentum remaining.
The current market is still dominated by bulls. Follow the trend and treat pullbacks as buying opportunities. Avoid shorting against the trend.
Operation Suggestions
Bitcoin: Go long in the 72700–73200 range, targeting 75000, 76000
Ethereum: Go long in the 2270–2300 range, targeting 2380, 2450