After several days of consolidation, did the bulls push higher slightly today?
The biggest factors determining the market's major trend are the results of Federal Reserve rate cuts and geopolitical conflicts, which directly determine whether major players can enter and push the market. First, the Fed's March 18 interest rate decision will definitely not cut rates, and geopolitical conflicts remain in a stalemate. Looking at the funding rates from yesterday, short-term rallies show negative numbers, meaning the usual pattern of taking big losses and small gains. Currently it has returned to positive!
BTC Current price has touched the 7200 daily resistance level, with the biggest pressure above at 7400. There is a need for some pullback within the day. The key is whether the pullback can break below 7060. If it cannot break below, the rebound continues and we should wait around 7400. If the hourly candle closes above 7200, manually exit.
Around the 7180-7230 zone, defend 7290, target 7060 break below then watch 6940-6830.
ETH Around the 2136-2157 zone, defend 2201, target 2072 break below then watch 2037-2003.
Short-term trading adjusts flexibly. Defend based on your actual position situation!$BTC #加密市场上涨
March 13 BTC/ETH:
After several days of consolidation, did the bulls push higher slightly today?
The biggest factors determining the market's major trend are the results of Federal Reserve rate cuts and geopolitical conflicts, which directly determine whether major players can enter and push the market. First, the Fed's March 18 interest rate decision will definitely not cut rates, and geopolitical conflicts remain in a stalemate. Looking at the funding rates from yesterday, short-term rallies show negative numbers, meaning the usual pattern of taking big losses and small gains. Currently it has returned to positive!
BTC
Current price has touched the 7200 daily resistance level, with the biggest pressure above at 7400. There is a need for some pullback within the day. The key is whether the pullback can break below 7060. If it cannot break below, the rebound continues and we should wait around 7400. If the hourly candle closes above 7200, manually exit.
Around the 7180-7230 zone, defend 7290, target 7060 break below then watch 6940-6830.
ETH
Around the 2136-2157 zone, defend 2201, target 2072 break below then watch 2037-2003.
Short-term trading adjusts flexibly. Defend based on your actual position situation!$BTC #加密市场上涨