March 20th Cryptocurrency Market Analysis

【Bull-Bear Dividing Line】
Strategy: ✅ market shows weak performance, choose to observe ✅
1️⃣ Major Market 【BTC】 【ETH】Current Key Support Levels:
【BTC】
Entry: One change every 15 minutes, find suitable entry points as close to stop loss as possible, if you don't want to trade, just watch
Stop Loss: Aggressive stop loss: 70081, Stop loss: 69568
Take Profit: Around 71500
【ETH】
Entry: One change every 15 minutes, find suitable entry points as close to stop loss as possible, if you don't want to trade, just watch
Stop Loss: Aggressive stop loss 2121, Stop loss 2110
Take Profit: Around 2200
2️⃣ 【ETH & BTC】 No obvious rebounds in the decline, no obvious reversal on the 12-hour larger timeframe. Today is Friday and the last trading day, more observation less action. Before 8 PM tonight, no new lows were made
BTC: 68750. High probability of being the bottom consolidation. Without a launch of a major bullish candle, weak market means continued decline. If a new low is broken before 8 PM tonight, the uptrend is terminated.
Today is quite critical. Need a major bullish candle on the 1-hour level to change the current trend. Otherwise, bears still have the advantage, both bulls and bears need to fight it out.
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