empty
11.03.2025 10:03 AM
Trading Recommendations for the Cryptocurrency Market on March 11

Bitcoin and Ethereum have both reached new annual lows, mirroring a decline in the U.S. stock market, which has now fallen for the fourth consecutive week. Yesterday, the crypto market experienced a significant sell-off, with major assets losing between 7% and 10%.

This image is no longer relevant

Bitcoin dropped to around $76,500 but is now trading at approximately $79,600. Similarly, Ethereum fell to about $1,750 during Asian trading but rebounded to roughly $1,850 due to buying activity.

Ongoing macroeconomic uncertainty in the U.S. and stricter trade policies are continuing to put pressure on risk assets, including cryptocurrencies. In this cautious environment, investors are increasingly opting to sell volatile instruments in favor of more stable assets. The recent decline in Bitcoin and Ethereum is also related to technical factors. After Bitcoin failed to reclaim the $90,000 level, it became evident that the recent correction was insufficient to sustain the bull market or reach new yearly highs.

Despite the negative trends, this correction may present long-term investors with an opportunity to purchase cryptocurrencies at more appealing prices. However, for this to occur, we need to see signs of macroeconomic stabilization and renewed confidence in the crypto market.

As for the intraday trading strategy, I will focus on significant dips in Bitcoin and Ethereum, anticipating continuing the bullish trend in the medium term.

For short-term trading, the strategy and conditions are outlined below.

This image is no longer relevant

Bitcoin

Buy Scenario

Scenario #1: I will buy Bitcoin today at the entry point around $80,000, aiming for a rise to $81,400. Around $81,400, I will exit purchases and sell immediately on a pullback. Before buying on a breakout, I need to confirm that the 50-day moving average is below the current price and that the Awesome indicator is in the positive zone.

Scenario #2: Bitcoin can also be bought from the lower boundary of $78,900 if there is no market reaction to a breakout in the opposite direction, with targets at $80,000 and $81,400.

Sell Scenario

Scenario #1: I will sell Bitcoin today at the entry point around $78,900, aiming for a drop to $77,400. Around $77,400, I will exit sales and buy immediately on a pullback. Before selling on a breakout, I need to confirm that the 50-day moving average is above the current price and that the Awesome indicator is in the negative zone.

Scenario #2: Bitcoin can also be sold from the upper boundary of $80,000 if there is no market reaction to a breakout in the opposite direction, with targets at $78,800 and $77,400.

This image is no longer relevant

Ethereum

Buy Scenario

Scenario #1: I will buy Ethereum today at the entry point around $1,884, aiming for a rise to $1,949. Around $1,949, I will exit purchases and sell immediately on a pullback. Before buying on a breakout, I need to confirm that the 50-day moving average is below the current price and that the Awesome indicator is in the positive zone.

Scenario #2: Ethereum can also be bought from the lower boundary of $1,833 if there is no market reaction to a breakout in the opposite direction, with targets at $1,884 and $1,949.

Sell Scenario

Scenario #1: I will sell Ethereum today at the entry point around $1,833, aiming for a drop to $1,762. Around $1,762, I will exit sales and buy immediately on a pullback. Before selling on a breakout, I need to confirm that the 50-day moving average is above the current price and that the Awesome indicator is in the negative zone.

Scenario #2: Ethereum can also be sold from the upper boundary of $1,884 if there is no market reaction to a breakout in the opposite direction, with targets at $1,833 and $1,762.

Bitcoin
Summary
Strong buy
Urgency
1 day
Analytic
Maxim Magdalinin
Start trade
Gana con los cambios en el valor de las criptomonedas con InstaForex.
Descarga MetaTrader 4 y abre tu primera operación.
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    UNIRSE AL CONCURSO

Recommended Stories

Recomendaciones para operar en el mercado de criptomonedas el 14 de marzo

El Bitcoin y Ethereum se consolidan en canales, creando condiciones reales para una mayor caída, aunque muchos expertos insisten en que los mínimos ya han sido alcanzados

Miroslaw Bawulski 10:17 2025-03-14 UTC+2

Recomendaciones para operar en el mercado de criptomonedas el 13 de marzo

El Bitcoin y Ethereum están atrapados dentro de nuevos canales. Por un lado, esto es positivo, ya que la presión observada a principios de semana ya no está presente

Miroslaw Bawulski 07:24 2025-03-13 UTC+2

El Bitcoin se prepara para volver a subir

Mientras el Bitcoin y Ethereum se recuperan activamente de sus mínimos anuales, insinuando que aún no ha terminado y que el mercado alcista sigue en pie, la senadora Cynthia Lummis

Jakub Novak 14:35 2025-03-12 UTC+2

El Bitcoin depende del sentimiento del mercado bursátil de EE. UU.

El mercado de criptomonedas se ha recuperado ligeramente después de otra venta masiva que ocurrió a principios de la semana. Sin embargo, la situación sigue siendo bastante tensa

Jakub Novak 07:29 2025-03-12 UTC+2

Recomendaciones para operar en el mercado de criptomonedas el 12 de marzo

El Bitcoin y Ethereum se han recuperado ligeramente después de otra liquidación y la actualización de mínimos anuales. El pánico observado tanto en el mercado bursátil estadounidense como

Miroslaw Bawulski 07:29 2025-03-12 UTC+2

Criptomercado: razones de la caída y perspectivas

Criptomercado: no hay signos fundamentales de un cambio en la tendencia global. Los grandes inversores están asegurando ganancias después del significativo crecimiento de las criptomonedas el año pasado

Jurij Tolin 15:10 2025-03-11 UTC+2

Análisis del par BTC/USD. El 11 de marzo. ¿La caída del Bitcoin ha terminado?

La estructura de ondas en el gráfico de 4 horas para el par BTC/USD es completamente clara. Después de la finalización de una tendencia alcista compuesta por cinco ondas completas

Chin Zhao 07:35 2025-03-11 UTC+2

Bitcoin y Ethereum en nocaut

El mercado de las criptomonedas volvió a caer, sin poder resistir la presión de los vendedores, quienes, en pánico, continuaron deshaciéndose de los activos de riesgo inmediatamente después

Jakub Novak 07:35 2025-03-11 UTC+2

Recomendaciones para operar con Ether el 10 de marzo en el sistema ICT.

La situación en el Ether no es simple, pero interesante. Lo primero que hay que recordar a los traders es que si el Bitcoin sigue cayendo, el Ether seguirá cayendo

Paolo Greco 07:29 2025-03-10 UTC+2

Recomendaciones para operar con el Bitcoin para el 10 de marzo por ICT.

El Bitcoin volvió a caer el domingo. Desde el 20 de enero, la primera criptomoneda del mundo no ha hecho más que caer. A estas alturas, no podemos decir

Paolo Greco 07:29 2025-03-10 UTC+2
¿No puede hablar ahora mismo?
Ingrese su pregunta en el chat.
Widget callback
 

Dear visitor,

Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.

If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.

Why does your IP address show your location as the USA?

  • - you are using a VPN provided by a hosting company based in the United States;
  • - your IP does not have proper WHOIS records;
  • - an error occurred in the WHOIS geolocation database.

Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaForex anyway.

We are sorry for any inconvenience caused by this message.