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3.17 BTC and ETH Evening Thoughts
Bitcoin's recent movement has been very clean — a standard oscillating uptrend with trend continuation, and the bull momentum is very clear.
On the 4-hour timeframe, the Bollinger Bands are opening upward, with price trading stably above the middle band; the lows continue to rise, forming a complete ascending channel structure; MACD is above the zero line with volume expansion, showing strong bullish momentum.
Currently, bulls still dominate the market. Any pullbacks are entry opportunities — don't easily short against the trend.
Personal Suggestions:
BTC: Go long at 72700-73500, targets at 75000, 76000
ETH: Go long at 2270-2300, targets at 2380, 2450
$ETH