March 30 Night BTC/ETH Market Strategy

A short squeeze is re-emerging, accelerating the upcoming move! After a sharp decline in the early session, funds quickly entered the market to buy the dip, and the market rapidly rebounded, creating a short squeeze without any significant pullback. The price mostly moved sideways to gather strength, and once ready, it continued to jump higher. Until clear bearish signals appear, be cautious about trading against the trend and avoid reckless attempts. Keep defensive positions, as US news frequently signals an end. If the other side agrees to a settlement, a "massive surge" could be unimaginable.

BTC: The price remains above 67,150 today. Currently, it is within the large range of 67,150-69,000. Tonight, watch whether it can break through and hold above 68,300-69,000. Support levels are at 68,300-67,150. If you have an early position, consider a proper setup; if not, even a nearly 5% correction today doesn’t justify rushing to short. If you’re chasing, ensure your mindset is ready for it. The current trend shows no obvious change; bullish momentum remains strong. Avoid FOMO at this level, stay calm, and good entry points will come.

ETH: The price has been repairing multiple key levels today and is now near the upper boundary of 2,038-2,075. The major resistance ahead is at the 2,100 mark. Between 2,100-2,139 is the first consolidation zone after the March 23 end signal from the old market leader. There is a large amount of trapped capital in this zone, so only attempt a short if a clear bearish signal appears. If it breaks above 2,139, there is room to target 2,197-2,258-2,330. Currently near the upper boundary, chasing a breakout may not be worth the risk. For those with a long-term position, consider a proper setup. Tonight, if there’s a correction, watch the first support at 2,038 and the second at 2,000-2,015. Look for opportunities to add on dips; if not, patiently wait.