When the countdown to 5 days in March and the 28-day countdown to the Bitcoin halving, Bitcoin and Ethereum gave many people an unexpectedly strong rebound. After a two-week pullback, Bitcoin and Ethereum finally ushered in a big rally last night, and market signals indicate that the pullback has come to an end. Today's crypto panic and greed index has reached 81, and the market has entered an extremely greedy mood. Over the past two weeks, the market has experienced the shadow of a correction in the broader market. But fortunately, this pullback held the important mark of 60,000 (3,000). In fact, the live broadcast analysis has repeatedly reminded that the large shock before the Bitcoin halving is the time when the giant whale and the institution smash the market and absorb the chips, but you listen to the prediction of the (brick family) that the bit stock will fall to $42,000 You go to cut the meat, the crypto market does not know how many people always ask everywhere how the "brick family" predicts, and always believe in the so-called moving average, K-line, cycle or something of the "brick family". The belief in the currency circle is given by oneself, rather than needing other help to recharge the faith!
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Flatbread yesterday out of the second anti-pumping motive more and more strong, the white disk fell to 66780 many times have not fallen below after the highest point of the rebound at 71228 position, the leading U.S. market Lianyang pattern drove many cottages strong counteroffensive, and the U.S. index to give the contrast weakened, we yesterday predicted that the point near 70500 basically reached our expected target, the currency price briefly pulled back below the 70,000 mark, after correction, climbed again to around 70,000, and continued to fluctuate in this range. This indicates that the pullback phase is over and the market bulls are back in the driver's seat. As the halving cycle approaches, the price is expected to surge higher again. The overall market trend is in line with expectations, and as we said yesterday, the bulls will exert force after the bottom is over. Therefore, the next move should be bullish. Operation suggestion: callback 69200-68500 range long single entry, target 71500-72000!
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Ethereum yesterday's lowest step back to 3420 after the first line of support, and the second step back did not break the previous low out of the Lianyang rebound, the high touched the 3660 line blocked, Ethereum completely belongs to the pie to drive the rise, the rebound is obviously weak, but does not affect the overall establishment of the short-term upward trend, the daily level yesterday also broke through the stabilization of the 3550 key resistance level, the stabilization of this position will at least establish a bullish advantage in the short term, the overall trend is strong, the market is clear at the same time, do not forget to develop the habit of taking profit and stop loss, to prevent the main force from washing, the market outlook is still very large, the long-term continue to hold, the idea of keeping low is mostly supplemented by high altitude, suppress 3680-3720-3820 above, support 3520-3480 below!
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