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《3.19 Market Analysis: Where to Short on the Crash, When to Trade the Range?》
I reminded everyone yesterday to be careful of the dog whale's nasty move up to 71000. The short position opened on Monday was also a reminder for bros to take profits yesterday. Since the short position made good gains, the next trading move has the advantage again. Looking at the daily chart, the closing here definitely won't look good, so we need to pay attention to the role of key resistance levels. Also, the trendline on the daily chart hasn't been broken yet. So the overall daily chart continues to maintain oscillation, the trending move has not yet arrived, high short low long range trading.
$BTC Resistance is between 73200-73600. If it can't break through here, be careful of pullback moves. Support below at 69500, 67700.
$SOL The index rebounded near 89 as mentioned yesterday. Currently looking at resistance at 93.7 position—if it can't break through, be careful of pullback. Support below between 84.9-84.
$ETH Ethereum's resistance at 2305—if it can't break through, continue to be careful of pullback. Support below at 2088, 2008.
In summary, the daily chart trend has again rejected the start of a trending move. The overall daily pattern looks ugly again. Given that the daily uptrend line hasn't been broken, it's clearly still within an oscillation zone, insufficient for a trending move to occur. Given this, we can only do high short low long range trading. Secure key levels, control profits and stop losses, and boldly trade the range! (Follow Boss, bringing you the latest market analysis and precise entry/exit points daily. Long and short positions are for reference only, strictly implement stop losses and take profits.)