Gu Jingci: Bitcoin/Ethereum Evening Trading Strategy with Market Analysis (March 9th)

Bitcoin/Ethereum rebounded from around 65600 and 1910 in the early morning, with a relatively strong overall rebound, reaching highs of around 69500 and 2030 respectively. Our buy-on-dip strategy recommended yesterday has yielded significant gains. Currently, the price is consolidating after the rally, but the overall trend remains strong. The bullish momentum has strengthened after the 4-hour and daily charts broke through the moving averages, suggesting further upside potential. The 4-hour chart shows a strong bullish candle with the closing price near the high, indicating strong buying power and ample short-term upward momentum. The daily chart shows that the rally has effectively recovered the losses of the previous few days, suggesting a potential short-term trend reversal, with the price approaching the high of the previous wave. Technically, the MACD on the 4-hour chart has formed a golden cross, with the DIF and DEA lines rising rapidly and the MACD histogram turning positive and expanding, indicating increasing bullish momentum. This is accompanied by high trading volume, comparable to the volume during the previous days' decline, indicating active buying support and supporting the strong price rebound. Early morning trading suggestions: Buy Bitcoin around 67800-68300, with a target of 70000-71000; Buy Ethereum around 1980-2000, with a target of 2060-2100. Our daily analysis and strategies have a high win rate and are available for viewing. However, these analyses and strategies are for reference only; please bear your own risk. Article review and publication are not timely; please refer to real-time information.