Bitcoin and Ethereum Afternoon Trading Recommendations and Future Trend Analysis: 3/25

Afternoon Trading Suggestions and Future Trend Analysis for Bitcoin (3/25): The current market exhibits a clear range-bound pattern, with prices fluctuating repeatedly between strong support and resistance levels of 69,000 and 71,000. Technically, the bullish alignment of moving averages and the recent golden cross create a bullish resonance, strengthening the trend signal. However, insufficient trading volume and the lack of confirmation of volume-price correlation limit the possibility of a price breakout. Simultaneously, a bullish engulfing pattern has appeared in the candlestick chart, suggesting a possible short-term rebound opportunity, but the effectiveness of this signal remains to be seen. Given the current market's range-bound state, with prices repeatedly encountering resistance near the strong resistance level of 71,000 and insufficient trading volume to support a breakout, a strategy of selling on rallies is consistent with the characteristics of a range-bound market. Therefore, my subsequent trading suggestions are still to focus on rebounds: Bitcoin: Buy around 71,000-71,500, target 70,000-69,000; Bitcoin 2: Buy around 2,180-2,200, target 2,120-2,080.