Yueyue Ying: 3.20 Bitcoin Ethereum Daily Market Analysis Returning to Box Oscillation Pattern Difficult to Break with Short-term Suggestions

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Bitcoin Technical Analysis————

Bitcoin daily chart shows the previous K closed with a bearish line, breaking through the midline and pulling back, intraday opening supported around the midline, Bollinger Bands trending upward with signs of volume contraction short-term moving average inflection point, MACD fast and slow lines crossed above 0 axis then turned flat volume bars contracted KDJ crossing upward pay attention to support near 0 value VR indicator consolidating around 120 value. 4-hour chart shows price supported around the lower band and rebounded breaking through the 7 MA but met resistance and pulled back previous K formed a pin, currently testing 7 MA support, Bollinger Bands trending downward in open state short-term moving averages turned downward, MACD fast and slow lines trending downward turned flat volume bars contracted KDJ extending upward pay attention to resistance around 100 value VR indicator consolidating around 50 value. Overall, although this week's market welcomed a breakthrough, it did not continue but returned to the previous box again, currently blocked at upper edge Yueyue believes short-term if 72000 area cannot break through and stabilize, it will oscillate downward even if breakthrough is possible, bulls cannot be too optimistic the key resistance is critical at 73000 area whether breakthrough here determines how far the subsequent rebound can go in the short term pay attention to resistance at 72 and 73 short-term support below at 69000 area next is the box center 66 area today is Friday weekend will not update so short-term reference the above resistance and support levels see short-term suggestions.

Bitcoin Short-term Suggestions: Short at 71300 (72800 short), Long at 69300 (66800 long) (Strategy activation profits self-managed)

Ethereum Technical Analysis——

Ethereum daily and 4-hour technical levels move the same as Bitcoin linked to Bitcoin for reference pay attention to 2200 area above next is 2300 pay attention to 2050 area support below next is 1980 area above see short-term suggestions.

Ethereum Short-term Suggestions: Short at 2188 (2275 short), Long at 2090 (1980 long) (Strategy activation profits self-managed)

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