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$ETH 📊 March 31st Bitcoin Market Analysis & Strategy (Bullish Bias)
ETH 🪙:
After a short-term bottom at 2012.14, it surged strongly. The current price is 2075.72. The upper band of the Bollinger Bands at 2090.07 acts as a short-term resistance, and the middle band at 2046.28 provides strong support. The MACD red histogram continues to expand, with DIF and DEA forming a golden cross upward. The bullish momentum is strong, and the overall pattern is a bottoming rebound.
If the price breaks above 2093, it will open up room for further upward movement, targeting the 2120-2130 range. If it pulls back without breaking below 2050, the short-term trend will continue to oscillate upward, but caution is needed around the key support level at 2040.
🎯 Bitcoin Strategy (Bullish Bias)
• Long Entry Zone: 2060-2065
• First Target: 2090
• Second Target: 2120
• Stop Loss: 2045