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3.13 Morning Market Analysis and Trading Recommendations
The 15-minute level pulled back continuously after reaching 70532, with a low of 69303, which is a typical false breakout washout. Short-term sentiment remains range-bound.
The Bollinger Band middle band at 70600 acts as strong resistance in the short term, with price consolidating below the middle band. The uptrend remains intact on the larger timeframe.
Trading Ideas: Focus on buying on dips with a long bias, following momentum on pullbacks. Prioritize stable, risk-managed trading.
Trading Recommendations
BTC: Accumulate long positions in batches in the 69700—69300 range, targeting 71500—72500
ETH: Accumulate long positions in batches in the 2040—2000 range, targeting 2090—2150