BTC and ETH market analysis on No. 3.11:
Today's highlights
The current 70,000 line of the pie has been blocked twice, and it has not made a breakthrough and stood firm. Then the market stage will continue to impact this position. The opening of the weekly line and stepping back on the pin is a good thing at the moment, so what we need to pay attention to now The first line of support points is on the intraday level. Look at today’s pin point of 67,000 points. The effective support position is still in the 65,600-66,000 range. Above, it can only break through the 70,000 integer mark. On the short-term level, look at the key position of 72,000 points. If you break through and stand firm, you can see the first target point of this month at the 76000-80000 range. You have to pay attention to this position.
The market price of the second pie has hit 4,000 points twice at the same level. However, the current supplementary increase of the second pie has begun to weaken. Now we are subjectively concerned about whether the big pie can break through 70,000 or more. In the subsequent market, the second pie will continue to hit above 4,000. What we are paying attention to is The first target point is the 4200-4500 range, so the current point support is today’s pin low of 3720. This position is an effective support position given on Saturday. The lowest point is around 3720. On Saturday The effective support position given is just around 3720. The pin rebounded today. The main reason is to see the effectiveness of this support. It is currently rebounding. It will slowly stabilize this position in the future and will continue to hit the 4000 mark.