Wednesday🗓️ "March 11"

Currently, Bitcoin(BTB) and Ethereum(ETH) are almost simultaneously experiencing sharp rises followed by pullbacks, both at historical highs. The technical outlook is bullish, with positive fundamentals frequently emerging. However, the risk of high-level volatility is increasing, and market sentiment is cautious.

Bitcoin🫓$BTC
If it can hold above the 70,000 support level, it may consolidate within the 70,000-71,500 range, building strength before challenging the previous high.
If it effectively breaks below 70,000, it is likely to decline toward the 69,000-68,500 range, seeking stronger support.

Ethereum$ETH
If it can hold above the 2,040 support level, it may fluctuate between 2,040-2,080, waiting for Bitcoin's direction.
If it effectively breaks below 2,040, it could test the 2,000-1,980 range, testing the lower boundary support.

Overall strategy: "Sell high, buy low, with strict stop-loss." Given the recent sharp correction, it is not recommended to blindly short now. Wait for a rebound to be blocked before entering short positions; or wait for strong support below to stabilize before aiming for a rebound. Specific market levels will be based on real-time signals from Ziqing's live updates.
#加密市场上涨