Reviewing the intraday market, the coin price has been experiencing continuous oscillation and downward pressure since early this morning. The overall correction trend has been relatively slow. Tonight, with the release of CPI data, the price retraced below 69,000 points for the day, then followed the US stock market's rhythm with a rapid surge. The price tested the intraday high of 71,000 before pulling back. Currently, the price is hovering around the 70,000 level, consolidating in a continuous tug-of-war. Looking back at the intraday real trading, we clearly provided a retracement warning this morning. In the afternoon and US session, short positions gained 1650 points of space. Due to ongoing intraday volatility contraction, there were no particularly outstanding gains today. However, during tonight’s adjustment, we also timely avoided unnecessary risks in the market. All the positions we led students to participate in prioritized risk control from start to finish. This is also my greatest confidence in leading students to achieve small goals of small profit and quick turnaround. From the daily chart of Bitcoin, after testing the low support at 60,000 and bouncing slightly, the price then traded sideways in a long-term consolidation range between 65,000 and 70,000. The current consolidation trend is still continuing. Recently, the price has been expanding slowly within this range. In the medium term, after the bulls and bears' battle ends, the price is expected to break through this range. On the four-hour chart, after the upper band faced resistance and a bearish decline, the current rebound with a bullish candle quickly repaired the chart. However, the long upper shadow indicates that the upward trend is not strong, and the bulls and bears are still engaged in ongoing tug-of-war. Overall, the short-term trend on the four-hour chart remains more resistant above than support below, consistent with the idea that the retracement trend will continue. In the short-term hourly chart, tonight’s rally following the US stock market’s upward trend saw consecutive bullish candles, but both attempts to break the intraday high failed. The price then quickly retraced and repaired. Currently, the price is moving between the middle and upper bands, showing that the bullish momentum for the rebound is severely lacking. In the early morning market and during the white session, we maintain a bearish outlook, and participation in rebounds should be shorting at high points. For Bitcoin, short around 70,800, watch near 69,500. For Ethereum, short around 2,070, watch near 2,010.

🇨🇳Hong Kong, March 12, 00:19 AM, ETH Strategy Reference Short: 2135———2150 Reference Long: 1970———1981 【Stop loss 30 or 50 points】High volatility: increase stop loss, needle insertion to sweep liquidity does not count as a breakout or breakdown Resistance: 2065———2075 (65% probability) Resistance: 2087———2100 (45% probability) Resistance: 2120———2150 (20% probability) Resistance: 2200———2220 (12% probability) ↕↔↕ Support: 2025———2032 (50% probability) Support: 2000———2005 (48% probability) Support: 1970———1981 (22% probability) Support: 1930———1942 (15% probability) 【The above content is for reference only: not investment advice】 Check the ⭕ marked area in the chart below to join my chat room. Interact with me daily in my live broadcast to receive free ETH red envelopes🧧, with real-time analysis of current market trends and directions. $ETH

#Gate蓝龙虾重磅上线 【$ACX Signal】Pullback to Long + Short Squeeze Rebound $ACX 1H timeframe has experienced a significant rally from a historical low, currently in a high-level consolidation phase to digest gains. The 4H timeframe confirmed a trend reversal with a massive bullish candle, but the 1H RSI has entered the extreme overbought zone, making chasing the high very risky. The current market shows that although prices have slightly pulled back from the highs, open interest remains stable, and the funding rate is deeply negative, indicating that bears are still stubbornly adding positions, setting the stage for a potential short squeeze rebound. Prices need a healthy pullback to relieve overbought pressure and attract new longs. 🎯Direction: Long (Pullback Pending Orders) ⚡Entry/Orders: 0.0393 - 0.0403, staggered entries within this range 🛑Stop Loss: 0.0366 🚀Target 1: 0.0551 🚀Target 2: 0.0625 🛡️Trade Management: - Execution Strategy: Use staggered entries, building positions in 2-3 batches within the suggested range. After reaching the first target, reduce positions by 50% and immediately move the stop loss of the remaining position to the entry price to lock in profits. If the price fails to break upward and instead falls back to the cost area, exit unconditionally. (Depth Logic: This is a typical short squeeze setup. The price surged over 76% in a single day, but open interest did not decrease, and the funding rate remains deeply negative, indicating many short positions are trapped but have not surrendered. Market logic suggests that position data should be considered; the current stable open interest indicates it’s not just a pump-and-dump. The 1-hour chart needs a pullback to the key EMA support zone (0.039-0.040) to confirm an effective breakout and clear out floating positions. This area also corresponds to the upper boundary of a previous dense trading zone, providing strong support. Once a pullback is confirmed, short positions trapped will be closed, pushing prices to initiate a second wave of rally.) Check real-time market 👇 $ACX --- Follow me: Get more real-time analysis and insights on the crypto market! $BTC $ETH $SOL