$BTC $ETH

Daily chart shows two consecutive bearish candles for Bitcoin, with the price facing resistance at the 20-day moving average. The KDJ indicator in the attached chart shows the three lines turning downward from high levels, forming a death cross. The MACD lines are moving upward, and trading volume has slightly decreased. Overall, the trend is bearish, so the intraday strategy remains to rebound and short!

3.7 Short position strategy

If Bitcoin rebounds to 69,500-70,000, continue to short. Conservative traders can enter at 70,500-71,000, with a stop around 71,500. Target around 68,500-68,000. If broken, look for 67,000-66,500. Continue to move stop-loss accordingly based on the situation!

For Ethereum, if it rebounds to 2000-2030, continue to short. Conservative traders can enter at 2060-2090, with a stop around 2130. Target around 1970-1950. If broken, look for 1930-1900. Continue to move stop-loss accordingly based on the situation!

3.7 Long position strategy

If Bitcoin pulls back to 66,500-67,000, go long. Stop around 65,500. Target around 68,000-69,000. If broken, look for 70,000-71,000. Continue to move stop-loss accordingly based on the situation!

For Ethereum, if it pulls back to 1900-1930, go long. Stop around 1860. Target around 1950-1980-2000. If broken, look for 2030-2050-2080. Continue to move stop-loss accordingly based on the situation!

The short position on Ethereum was not fully captured, and the move on Bitcoin's stop-loss was close to being triggered, but luckily held. Currently, it has moved to 69,000. If triggered, look for another opportunity! The trend is bearish, so rebound and short. Do not hold positions blindly! #2月非农意外负增长