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Bitcoin and Ethereum latest market trend analysis and subsequent operation suggestions: 3/23

2026-03-23 04:49:23
Shareshare
Bitcoin and Ethereum Latest Market Trend Analysis and Trading Suggestions: 3/23 Looking at the current market trend, the short-term pullback will not significantly change the overall trend. The market is currently in a consolidation phase after a pullback. From a longer-term perspective, a perfect rounded bottom pattern has formed on the weekly chart, and the current price is showing a slow recovery, with each rise followed by a small technical correction. This rhythm provides excellent entry opportunities: actively placing long orders during each pullback. Pullbacks not only consolidate previous gains but also accumulate strength for subsequent rises. It's worth noting that the current rebound momentum is gradually surpassing the pullback strength, indicating an overall strengthening market trend. In this environment, the smaller the pullback, the greater the potential for further upward movement. Our long positions from yesterday have already been entered, with entries around 68000 and 2050 for Bitcoin and Ethereum, and they are currently gaining momentum. Recommended trading strategies: Buy Bitcoin around 68000 at the current price, with a target of 69000-69500. Buy Ethereum around 2050 at the current price, with a target of 2120-2150.
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