Currently still in a consolidation phase, both long and short positions can be operated... Powell stepping down will bring in a new Federal Reserve Chair, and the crypto market's decline will influence the battle between bulls and bears. On the technical side, there is still room for a major downward break, and the overall trend remains bearish... No need to rush into large-scale bottom fishing just yet. This month features CPI and interest rate announcements, which are crucial for ETFs, and most are strongly correlated with US stocks... [As long as there isn't any particularly negative news, and as long as the bottom is not sharply pierced, some rebound long positions can be taken.]
For the day: 4-hour chart continues to oscillate, with a focus on short-term longs after a rally, and buying support during US trading hours. The trend is oscillating and bearish.
Ethereum for the day: Short positions around 2010, stop loss about 30 points, take profit at 1930, 1880, 1850 1860, 1880 long positions, take profit at 2000, 2010 Entrusted buy orders at 1820, 1800, stop loss 30 points, take profit at 1950, 2000
Bitcoin for the day: Short positions in the 67800-68200 range, stop loss at 68800, take profit at 65500, 64500, 63760, around 64500, manual long positions... take profit at 67800, 68200
Based on live analysis and technicals, control position sizing and management. For reference only.
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March 2, 2026 Daytime Market Analysis
Currently still in a consolidation phase, both long and short positions can be operated... Powell stepping down will bring in a new Federal Reserve Chair, and the crypto market's decline will influence the battle between bulls and bears. On the technical side, there is still room for a major downward break, and the overall trend remains bearish... No need to rush into large-scale bottom fishing just yet. This month features CPI and interest rate announcements, which are crucial for ETFs, and most are strongly correlated with US stocks... [As long as there isn't any particularly negative news, and as long as the bottom is not sharply pierced, some rebound long positions can be taken.]
For the day: 4-hour chart continues to oscillate, with a focus on short-term longs after a rally, and buying support during US trading hours. The trend is oscillating and bearish.
Resistance levels: 2050, 2150, 69500, 71500
Support levels: 1900, 1820, 64500, 62500
Ethereum for the day: Short positions around 2010, stop loss about 30 points, take profit at 1930, 1880, 1850
1860, 1880 long positions, take profit at 2000, 2010
Entrusted buy orders at 1820, 1800, stop loss 30 points, take profit at 1950, 2000
Bitcoin for the day: Short positions in the 67800-68200 range, stop loss at 68800, take profit at 65500, 64500, 63760, around 64500, manual long positions... take profit at 67800, 68200
Based on live analysis and technicals, control position sizing and management. For reference only.