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3.17 Tuesday Morning Market Analysis by Mufen Wind
Yesterday, the bulls erupted with strong momentum, surging all the way to the 75500 level. We maintained a bullish bias throughout the day with synchronized public positioning across the network, and the market performed perfectly. Four Bitcoin strategies in real trading today successfully captured 3300 points of gains with precise timing.
Currently, the market is dominated by wash-out sentiment. Chasing rallies and panic selling can easily lead to passive positions. To capture large-scale profits, the key is to set up positions in advance and follow the trend.
From the chart structure perspective:
On the 4-hour level, the price is firmly holding above the trend channel with a healthy uptrend; the hourly chart is climbing along the moving average in a one-sided manner, maintaining an intact small-level uptrend channel. Bull momentum continues to expand, with a clear overall strong pattern.
Morning Trading Strategy: Follow the trend with low-point long positions as the main approach
Operation Recommendations
- Bitcoin: Batch buy long in the 74500–74000 range, targeting 76800
- Ethereum: Batch buy long in the 2360–2380 range, targeting 2520