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3.13 Friday Midday Market Analysis.
From the current market situation and trend, the area around 72,000 has become the key resistance zone for this round of market movement, with bull-bear contests particularly fierce at this level. If the market can break through this position with volume and solid support, the upside space will further open up, potentially welcoming a new round of trending rallies. After the market has surged continuously, there is inherent demand for technical pullbacks and profit-taking. Any pullback is normal consolidation. For subsequent operations, aggressive chasing of highs is not recommended; shorting on rallies is advisable!
BTC Operation Suggestion: Short around 71,500-72,000, Stop Loss at 72,500, Take Profit at 70,400-69,500.
ETH Operation Suggestion: Short around 2,130, Add position at 2,170, Stop Loss at 2,200, Take Profit at 2,080-2,030.