3.7 Morning Thoughts:

Currently, Bitcoin has given a rebound signal after a daily pullback, showing signs of stabilizing in the short term. From a technical indicator perspective, regarding the MACD, both the 4-hour and daily charts are above the zero axis, but the 4-hour level is nearing the middle axis support. If it breaks down, it is highly likely to form a death cross; in terms of the RSI indicator, the 4-hour chart is fluctuating around 50, while the daily chart is in a neutral zone between bulls and bears; the EMA indicator shows that the bullish arrangement is still maintained, with the 120-day moving average providing strong support. In the short term, observe the strength of the rebound before finding the right opportunity to enter, and it is advised to continue with the idea of shorting after the rebound.

Trading Suggestions:

Bitcoin: 89200-88700 short, target 87000-85000

Ethereum: 2240-2200 short, target 2100-2050

(Disclaimer: Market conditions change rapidly, for reference only!) #美国2月ADP就业人数 $BTC