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New Yaw talks about the market: Bitcoin might be after 3.12.

CN
交易员江生
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21 days ago
AI summarizes in 5 seconds.

Good evening everyone, I am Xin Ya. After a week of closely monitoring the market, you should have experienced how profound Xin Ya's skills are. The 69200 and 71200 mentioned yesterday were quite extreme and have been validated by the market! This includes the 2085 for Ethereum and the repeatedly mentioned 2022!

Let's briefly review. At the start of the night session on March 11, the Bitcoin pattern was to test 71000, pull back to 69500, and then test again, but it only refreshed to 71200, which was the pressure zone mentioned by Xin Ya. There was no formation of a top divergence here. After the early morning session broke below the ema30, it found support at around 69200 with the hour ema120 and 144. Additionally, the histogram bars drew back under water and Bitcoin had seven consecutive hourly candles, with buying strength weakening as it reached a high of 71000. Although this move did not reach 71200, the seven back-and-forth movements between 69200 and 71200 upgraded the central point, and the positive indicators all suggested that the bottom is being supported higher.

Currently, the fifteen-minute ema120 and 144 for Bitcoin are at the 70000 level, while the four-hour ema120 and 144 are around 69000. The main force might be accumulating funds supported by the moving averages in the 69000-70000 range, and the future movement may complete nine or even eleven upgraded movements in the center, with short-term oscillation referencing 69200-71200. The final upward upgrade direction will be bullish. Focus on going long, and you can enter in batches, conservatively starting at 69299. The first level of resistance above is at 71200, and the second level of resistance can be referenced at 74800. The stop loss for going long should be conservatively placed at 68350, a bit further out will result in a poorer risk-to-reward ratio.

We focus on the important levels above: 71200, 72800, 73500
Below, we focus on: 69200, 68500

Since Ethereum generally follows Bitcoin in major directional movements, the sentiment for Ethereum will align with Bitcoin. In summary, Ethereum has completed seven central upgrade movements between 2022 and 2078, with moving averages trending upward. The hour ema120 and 144 and the four-hour ema120 are both around 2022, and the four-hour ema144 has been pulled up to about 2044. Bullish momentum is relatively strong. It might take the first step to test the market reaction.

Important levels above: 2085, 2112, 2168
Important levels below: 2040, 2022, 1988

In terms of operations, it can prioritize central movements, mainly focusing on going long, and you can enter in batches, conservatively entering at 2022. If going short, it can only be considered above the center, with a very shallow stop loss that cannot be held. For going long, the stop loss can be placed below 1975.

Recently, continuous operation for a week, synchronizing with others can help grow bigger and stronger.

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