Coin Sea Wave Chasing: 3.16 Cryptocurrency Bitcoin (BTC), Ethereum (ETH) Latest Market Analysis Reference Tonight, Information Interpretation

Coin Sea Wave Chasing: 3.16 Bitcoin (BTC) Market Analysis Reference:
Bitcoin experienced a strong rebound rally during the day, with the coin price continuing to test and re-challenge the previous resistance zone, reaching a high of 74450 before facing pressure and pulling back. Short-term bullish momentum has weakened somewhat; as of press time, the price is consolidating near the 73600 level. Observing from the daily chart, BTC's current market shows an oscillating uptrend but faces short-term resistance: price stands above the 7-day MA and EMA system, with a solid mid-term bullish structure. MACD volume bars are gradually expanding, DIF and DEA continue to diverge upward, with a complete bullish trend structure; KDJ and RSI indicators are in the strong zone but not entering severe overbought territory. Bollinger Bands are opening upward with price running along the upper band. The mid-term trend remains oscillating uptrend. In the short term, attention should focus on the 74500 resistance breakout. If volume confirms and price closes firmly above it, a new round of upside space may open.
Observing from the 4-hour chart, after the price surged to 74450, it entered high-level consolidation, closely hugging the Bollinger upper band with strong momentum intact. MACD continues to expand volume with both lines maintaining golden cross, RSI remains in the strong zone. KDJ indicators, although at high levels, are gradually contracting, indicating some weakening of short-term bullish momentum with minor pullback potential. From the 1-hour chart perspective, after the price surge, it pulled back to above the Bollinger midline. MACD volume bars are rapidly narrowing with DIF and DEA showing signs of high-level death cross. KDJ three lines diverge downward, RSI drops from overbought zone to around 60, releasing clear short-term pullback signals. Comprehensively, the 4-hour and 1-hour levels present a "mid-term strong, short-term pullback" rhythm. Short-term price will likely continue high-level oscillation with minor pullback. Support below first looks at the 73000-72800 zone. If 72800 support breaks, further pullback may be triggered, but subsequent consolidation confirmation still offers opportunities to re-attack the 74500-75000 resistance. Operationally, it's recommended to enter longs at pullback lows.
Coin Sea Wave Chasing: 3.16 Bitcoin Short-term Reference:
Short positions: 74000-75000 zone short, stop loss 500 points, target 73500-72500
Long positions: 71500-72500 zone long, stop loss 500 points, target 73000-74500
Coin Sea Wave Chasing: 3.16 Ethereum Short-term Reference:
Short positions: 2300-2330 zone short, stop loss 30 points, target 2250-2200
Long positions: 2155-2205 zone long, stop loss 30 points, target 2100-2180
This article content is original sharing by 【Coin Sea Wave Chasing】, representing only personal views. Article delivery has delays and is for reference only. Do not operate blindly! Wishing everyone on the investment journey, regardless of market changes, to uphold your principles, maintain rationality and composure. #加密市场上涨 #比特币站上七万美元 #七大央行利率来袭 $BTC $ETH