Coin Tide Chasing Waves: 3.20 Cryptocurrency Bitcoin (BTC), Ethereum (ETH) Latest Market Analysis and Information Interpretation Today Evening

Coin Tide Chasing Waves: 3.20 Bitcoin (BTC) Market Analysis Reference:
Following the analysis article published yesterday evening, Bitcoin retreated as expected to test the support below and rebounded slightly after stabilizing; today the coin price touched 71300 at a high position and fell back under pressure again, the market entered a range-bound consolidation stage, as of press time, the coin price was running around 70300. From the daily level perspective, Bitcoin's current price is above the Bollinger middle band, but has broken below the EMA short-term moving average, showing an overall pattern of high-level oscillation with weakness. In the MACD indicator, DIF and DEA dual lines are still running above the zero axis, not yet forming a death cross, however the MACD volume column continues to narrow, indicating that bullish momentum has significantly weakened with signs of shifting to bearish; in the KDJ indicator, the J value has entered the oversold zone, K and D lines are declining in sync, short-term overselling requires technical correction; the three RSI lines hover around 45, not yet entering extreme zones, and have broken below the short-term moving average band. Below, MA30 (69000) constitutes weak support. If the moving average cannot be quickly reclaimed in the future, it will further probe and test the previous lows.
From the 4-hour level perspective, Bitcoin's current price is running below the Bollinger middle band, with the lower band at 68400 providing support, overall in a high-level pullback oscillating downward channel. In the MACD indicator, DIF and DEA dual lines diverge below the zero axis, volume columns gradually narrow, and bearish momentum has somewhat weakened; in the KDJ indicator, the J value turns upward, K and D lines rise in sync, short-term overselling requires technical correction; the three RSI lines hover around 40, not yet entering the extreme oversold zone. Above, focus on the Bollinger upper band middle rail 71900 resistance level. If the rebound cannot break through this area with volume, the 4-hour level will continue the oscillating downward trend, further testing the lower band support. Operationally, you can wait for subsequent rebounds to near the resistance level with no volume under pressure, follow the trend to layout short positions, targets pointing toward the support area below. During operations, must strictly control position size, strictly set stop losses, never chase rallies and sell dips with heavy positions.
Coin Tide Chasing Waves: 3.20 Bitcoin Short-term Reference:
Short orders: 71500-72500 range short, stop loss 500 points, targets 70500-69500
Long orders: 68300-69300 range long, stop loss 500 points, targets 70000-71500
Coin Tide Chasing Waves: 3.20 Ethereum (ETH) Market Analysis Reference:
From the 4-hour level, Ethereum's current price is below the EMA7/15/20/30 moving averages, EMA120 providing weak support, Bollinger middle band (2224) constituting strong resistance, MACD dual lines diverging downward and crossing below the zero axis, bearish volume slightly reduced, KDJ at low level somewhat rising, RSI nearing oversold, overall in a weak consolidation stage of high-level pullback with limited short-term correction momentum. From the 2-hour level, price oscillating below the Bollinger middle band and above the lower band, MACD weak bullish cross below zero axis, KDJ mid-level rising, RSI cautious, showing weak correction momentum after overselling, but insufficient bullish power. Comprehensively, the 4-hour level bearish trend dominates, 2-hour level rebound height is limited. If unable to break through 2180 and the 4-hour Bollinger middle band resistance with volume, it will continue the oscillating downward trend, further probing 2105 or even 2060 previous lows. Suggest all coin friends do risk management well in advance.
Coin Tide Chasing Waves: 3.20 Ethereum Short-term Reference:
Short orders: 2175-2225 range short, stop loss 30 points, targets 2130-2080
Long orders: 2055-2105 range long, stop loss 30 points, targets 2145-2200
This article content is original content shared by 【Coin Tide Chasing Waves】, representing only personal views. Article delivery has delays, for reference only, do not operate blindly! Hope everyone on the investment path, no matter how the market changes, can stick to their own principles, maintain rationality and composure. #加密行情震荡 #比特币支撑阻力位分析 $BTC $ETH