Yue Ying: Bitcoin and Ethereum Market Analysis for March 30 – Precise Long Positions, Key Support as the Bull’s Fortress

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Technical Analysis of Bitcoin ————

Previously, Bitcoin was projected to move within a range of around $6,5500, with about a $2,000 space. On the daily chart, after the previous candle slightly broke below the lower band and then closed with a wick, the Bollinger Bands are slightly opening, with short-term moving averages trending downward. The MACD shows the fast and slow lines turning downward with decreasing volume bars, and the KDJ is crossing upward near the 40 resistance level. The VR indicator is consolidating around 110.

On the four-hour chart, the price is supported at the lower band. After a quick rally at the open, it broke above the middle band. The Bollinger Bands are narrowing and flattening, with short-term moving averages slightly turning upward. The MACD lines are extending upward with increasing volume bars. The KDJ is crossing upward near the 100 resistance level, and the VR indicator is consolidating around 30.

Overall, the market rebounded after a false breakout of the box center, maintaining a sideways consolidation. The structure has not been completely broken. Therefore, short-term trading should continue to treat the range as a box. The idea remains unchanged: whether the price breaks out again from either side of the upper or lower boundary, it depends on the continuation. In the short term, resistance is at the upper boundary of the box, around the 60-day moving average on the daily chart. Support is near the central zone around 66,000.

Short-term suggestion for Bitcoin: Short at 69,500, Long at 66,300 (activate strategy and take profits as appropriate).

Yitai (Altcoin) Technical Analysis ————

Yitai previously projected a price around 1,940, accurately reaching about $110 of movement. The trend is synchronized with Bitcoin, so reference the Bitcoin analysis. The overall structure remains within the box, with key support holding and no breakdown. However, it leans toward weakness, and whether it can reverse from a very weak state depends on this week’s trend. Short-term resistance is at 2,180, support around 1,900.

Short-term suggestion for Yitai: Short at 2,125, Long at 1,960 (activate strategy and take profits as appropriate).

— I am Zhou Yue Ying, a teacher focused on technical analysis. If anyone has questions about operations or trends, feel free to discuss and learn with me! Let’s share insights and profit together! #BTC能否守住6.5万美元？ $BTC